Omaha, NE vs Odessa, TX: 80 vs 83

$1,150/mo ↓ 13%

Median Rent

$1,322/mo ↑ 15%

$72,708/yr ≈ Same

Median Income

$73,030/yr ≈ Same

$230,100 ↑ 11%

Home Value

$208,000 ↓ 10%

$1,249/mo ≈ Same

Owner Costs

$1,251/mo ≈ Same

488,197

Population

114,080

Detailed Comparison

When comparing Omaha, NE and Odessa, TX, the overall cost of living indices are 80 and 83 respectively (national median = 100). Rent is $172/month cheaper in Omaha, saving renters about $2,064/year.

Median household income is $322/year higher in Odessa. Home values also differ significantly — the median in Omaha is $230,100 compared to $208,000 in Odessa.

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

Frequently Asked Questions

Omaha vs Odessa — common questions

Is Omaha or Odessa cheaper to live in?

Based on our cost index, Omaha is cheaper to live in with an index of 80 compared to 83 (US average = 100).

What is the rent difference between Omaha and Odessa?

Median rent in Omaha is $1,150/month and in Odessa it's $1,322/month — a difference of $172/month.

Which city has higher income, Omaha or Odessa?

Median household income is $72,708 in Omaha and $73,030 in Odessa. Median household income is $322/year higher in Odessa.

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 Odessa?

It depends on your priorities. Omaha has a cost index of 80 with median rent of $1,150/mo, while Odessa has a cost index of 83 with rent of $1,322/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.

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

Omaha

Odessa

Tax Comparison

Affordability

Detailed Comparison

Frequently Asked Questions

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