Cost of Living: Omaha, NE vs Paterson, NJ (2026)

Omaha

Nebraska
80
VS

Paterson

New Jersey
106

Omaha is 25% cheaper than Paterson.

$1,150/mo ↓ 21%
Median Rent
$1,457/mo ↑ 27%
$72,708/yr ↑ 35%
Median Income
$53,766/yr ↓ 26%
$230,100 ↓ 31%
Home Value
$335,400 ↑ 46%
$1,249/mo ↓ 20%
Owner Costs
$1,553/mo ↑ 24%
488,197
Population
157,660

Tax Comparison

6.64%
Income Tax
10.75%
5.5%
State Sales Tax
6.625%
1.73%
Property Tax
2.23%

Affordability

19.0%
rent-to-income
Affordability
32.5%
rent-to-income

Detailed Comparison

When comparing Omaha, NE and Paterson, NJ, the overall cost of living indices are 80 and 106 respectively (national median = 100). Rent is $307/month cheaper in Omaha, saving renters about $3,684/year.

Median household income is $18,942/year higher in Omaha. Home values also differ significantly — the median in Omaha is $230,100 compared to $335,400 in Paterson.

Nebraska has a lower income tax rate, making Omaha slightly more tax-friendly.

Frequently Asked Questions

Omaha vs Paterson — common questions

Is Omaha or Paterson cheaper to live in?
Based on our cost index, Omaha is cheaper to live in with an index of 80 compared to 106 (US average = 100).
What is the rent difference between Omaha and Paterson?
Median rent in Omaha is $1,150/month and in Paterson it's $1,457/month — a difference of $307/month.
Which city has higher income, Omaha or Paterson?
Median household income is $72,708 in Omaha and $53,766 in Paterson. Median household income is $18,942/year higher in Omaha.
How do taxes compare between Nebraska and New Jersey?
Nebraska has 6.64% income tax, 5.5% sales tax, and 1.73% property tax. New Jersey has 10.75% income tax, 6.625% sales tax, and 2.23% property tax.
Should I move to Omaha or Paterson?
It depends on your priorities. Omaha has a cost index of 80 with median rent of $1,150/mo, while Paterson has a cost index of 106 with rent of $1,457/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View Omaha details → View Paterson details →

More Comparisons

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