Cost of Living: Omaha, NE vs Lakeland, FL (2026)

Omaha

Nebraska
80
VS

Lakeland

Florida
82

Omaha and Lakeland have a similar cost of living.

$1,150/mo ↓ 11%
Median Rent
$1,299/mo ↑ 13%
$72,708/yr ↑ 19%
Median Income
$60,947/yr ↓ 16%
$230,100 ≈ Same
Home Value
$229,100 ≈ Same
$1,249/mo ↑ 9%
Owner Costs
$1,149/mo ↓ 8%
488,197
Population
117,030

Tax Comparison

6.64%
Income Tax
0%
5.5%
State Sales Tax
6.0%
1.73%
Property Tax
0.86%

Affordability

19.0%
rent-to-income
Affordability
25.6%
rent-to-income

Detailed Comparison

When comparing Omaha, NE and Lakeland, FL, the overall cost of living indices are 80 and 82 respectively (national median = 100). Rent is $149/month cheaper in Omaha, saving renters about $1,788/year.

Median household income is $11,761/year higher in Omaha. Home values also differ significantly — the median in Omaha is $230,100 compared to $229,100 in Lakeland.

Florida has no state income tax, giving Lakeland residents a significant tax advantage over Nebraska's 6.64% rate.

Frequently Asked Questions

Omaha vs Lakeland — common questions

Is Omaha or Lakeland cheaper to live in?
Based on our cost index, Omaha is cheaper to live in with an index of 80 compared to 82 (US average = 100).
What is the rent difference between Omaha and Lakeland?
Median rent in Omaha is $1,150/month and in Lakeland it's $1,299/month — a difference of $149/month.
Which city has higher income, Omaha or Lakeland?
Median household income is $72,708 in Omaha and $60,947 in Lakeland. Median household income is $11,761/year higher in Omaha.
How do taxes compare between Nebraska and Florida?
Nebraska has 6.64% income tax, 5.5% sales tax, and 1.73% property tax. Florida has 0% income tax, 6.0% sales tax, and 0.86% property tax.
Should I move to Omaha or Lakeland?
It depends on your priorities. Omaha has a cost index of 80 with median rent of $1,150/mo, while Lakeland has a cost index of 82 with rent of $1,299/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View Omaha details → View Lakeland details →

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