Omaha, NE vs McKinney, TX: 80 vs 138

$1,150/mo ↓ 38%

Median Rent

$1,841/mo ↑ 60%

$72,708/yr ↓ 40%

Median Income

$120,273/yr ↑ 65%

$230,100 ↓ 48%

Home Value

$439,500 ↑ 91%

$1,249/mo ↓ 41%

Owner Costs

$2,101/mo ↑ 68%

488,197

Population

202,314

Detailed Comparison

When comparing Omaha, NE and McKinney, TX, the overall cost of living indices are 80 and 138 respectively (national median = 100). Rent is $691/month cheaper in Omaha, saving renters about $8,292/year.

Median household income is $47,565/year higher in McKinney. Home values also differ significantly — the median in Omaha is $230,100 compared to $439,500 in McKinney.

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

Frequently Asked Questions

Omaha vs McKinney — common questions

Is Omaha or McKinney cheaper to live in?

Based on our cost index, Omaha is cheaper to live in with an index of 80 compared to 138 (US average = 100).

What is the rent difference between Omaha and McKinney?

Median rent in Omaha is $1,150/month and in McKinney it's $1,841/month — a difference of $691/month.

Which city has higher income, Omaha or McKinney?

Median household income is $72,708 in Omaha and $120,273 in McKinney. Median household income is $47,565/year higher in McKinney.

How do taxes compare between Nebraska and Texas?

Nebraska has 6.64% income tax, 5.5% sales tax, and 1.73% property tax. Texas has 0% income tax, 6.25% sales tax, and 1.6% property tax.

Should I move to Omaha or McKinney?

It depends on your priorities. Omaha has a cost index of 80 with median rent of $1,150/mo, while McKinney has a cost index of 138 with rent of $1,841/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.

Cost of Living: Omaha, NE vs McKinney, TX (2026)

Omaha

McKinney

Tax Comparison

Affordability

Detailed Comparison

Frequently Asked Questions

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