Omaha is 19% cheaper than Midland.
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.
Omaha vs Midland — common questions
Other cost of living comparisons for Omaha and Midland