Omaha, NE vs Miami, FL: 80 vs 129

$1,150/mo ↓ 31%

Median Rent

$1,657/mo ↑ 44%

$72,708/yr ↑ 22%

Median Income

$59,390/yr ↓ 18%

$230,100 ↓ 52%

Home Value

$475,200 ↑ 107%

$1,249/mo ↓ 25%

Owner Costs

$1,666/mo ↑ 33%

488,197

Population

446,663

Detailed Comparison

When comparing Omaha, NE and Miami, FL, the overall cost of living indices are 80 and 129 respectively (national median = 100). Rent is $507/month cheaper in Omaha, saving renters about $6,084/year.

Median household income is $13,318/year higher in Omaha. Home values also differ significantly — the median in Omaha is $230,100 compared to $475,200 in Miami.

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

Frequently Asked Questions

Omaha vs Miami — common questions

Is Omaha or Miami cheaper to live in?

Based on our cost index, Omaha is cheaper to live in with an index of 80 compared to 129 (US average = 100).

What is the rent difference between Omaha and Miami?

Median rent in Omaha is $1,150/month and in Miami it's $1,657/month — a difference of $507/month.

Which city has higher income, Omaha or Miami?

Median household income is $72,708 in Omaha and $59,390 in Miami. Median household income is $13,318/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 Miami?

It depends on your priorities. Omaha has a cost index of 80 with median rent of $1,150/mo, while Miami has a cost index of 129 with rent of $1,657/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.

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

Omaha

Miami

Tax Comparison

Affordability

Detailed Comparison

Frequently Asked Questions

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