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

Omaha

Nebraska
80
VS

Midland

Texas
99

Omaha is 19% cheaper than Midland.

$1,150/mo ↓ 18%
Median Rent
$1,407/mo ↑ 22%
$72,708/yr ↓ 20%
Median Income
$91,169/yr ↑ 25%
$230,100 ↓ 23%
Home Value
$298,600 ↑ 30%
$1,249/mo ↓ 15%
Owner Costs
$1,468/mo ↑ 18%
488,197
Population
133,998

Tax Comparison

6.64%
Income Tax
0%
5.5%
State Sales Tax
6.25%
1.73%
Property Tax
1.6%

Affordability

19.0%
rent-to-income
Affordability
18.5%
rent-to-income

Detailed Comparison

When comparing Omaha, NE and Midland, TX, the overall cost of living indices are 80 and 99 respectively (national median = 100). Rent is $257/month cheaper in Omaha, saving renters about $3,084/year.

Median household income is $18,461/year higher in Midland. Home values also differ significantly — the median in Omaha is $230,100 compared to $298,600 in Midland.

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

Frequently Asked Questions

Omaha vs Midland — common questions

Is Omaha or Midland cheaper to live in?
Based on our cost index, Omaha is cheaper to live in with an index of 80 compared to 99 (US average = 100).
What is the rent difference between Omaha and Midland?
Median rent in Omaha is $1,150/month and in Midland it's $1,407/month — a difference of $257/month.
Which city has higher income, Omaha or Midland?
Median household income is $72,708 in Omaha and $91,169 in Midland. Median household income is $18,461/year higher in Midland.
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 Midland?
It depends on your priorities. Omaha has a cost index of 80 with median rent of $1,150/mo, while Midland has a cost index of 99 with rent of $1,407/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View Omaha details → View Midland details →

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