Omaha, NE vs Lakewood, CO: 80 vs 141

$1,150/mo ↓ 34%

Median Rent

$1,746/mo ↑ 52%

$72,708/yr ↓ 15%

Median Income

$85,789/yr ↑ 18%

$230,100 ↓ 58%

Home Value

$548,200 ↑ 138%

$1,249/mo ↓ 28%

Owner Costs

$1,729/mo ↑ 38%

488,197

Population

156,309

Detailed Comparison

When comparing Omaha, NE and Lakewood, CO, the overall cost of living indices are 80 and 141 respectively (national median = 100). Rent is $596/month cheaper in Omaha, saving renters about $7,152/year.

Median household income is $13,081/year higher in Lakewood. Home values also differ significantly — the median in Omaha is $230,100 compared to $548,200 in Lakewood.

Colorado has a lower income tax rate, making Lakewood slightly more tax-friendly.

Frequently Asked Questions

Omaha vs Lakewood — common questions

Is Omaha or Lakewood cheaper to live in?

Based on our cost index, Omaha is cheaper to live in with an index of 80 compared to 141 (US average = 100).

What is the rent difference between Omaha and Lakewood?

Median rent in Omaha is $1,150/month and in Lakewood it's $1,746/month — a difference of $596/month.

Which city has higher income, Omaha or Lakewood?

Median household income is $72,708 in Omaha and $85,789 in Lakewood. Median household income is $13,081/year higher in Lakewood.

How do taxes compare between Nebraska and Colorado?

Nebraska has 6.64% income tax, 5.5% sales tax, and 1.73% property tax. Colorado has 4.4% income tax, 2.9% sales tax, and 0.51% property tax.

Should I move to Omaha or Lakewood?

It depends on your priorities. Omaha has a cost index of 80 with median rent of $1,150/mo, while Lakewood has a cost index of 141 with rent of $1,746/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.

Cost of Living: Omaha, NE vs Lakewood, CO (2026)

Omaha

Lakewood

Tax Comparison

Affordability

Detailed Comparison

Frequently Asked Questions

More Comparisons