Cost of Living: Omaha, NE vs Peoria, AZ (2026)

Omaha

Nebraska
80
VS

Peoria

Arizona
125

Omaha is 36% cheaper than Peoria.

$1,150/mo ↓ 34%
Median Rent
$1,743/mo ↑ 52%
$72,708/yr ↓ 22%
Median Income
$93,403/yr ↑ 28%
$230,100 ↓ 46%
Home Value
$429,400 ↑ 87%
$1,249/mo ↓ 21%
Owner Costs
$1,589/mo ↑ 27%
488,197
Population
194,338

Tax Comparison

6.64%
Income Tax
2.5%
5.5%
State Sales Tax
5.6%
1.73%
Property Tax
0.62%

Affordability

19.0%
rent-to-income
Affordability
22.4%
rent-to-income

Detailed Comparison

When comparing Omaha, NE and Peoria, AZ, the overall cost of living indices are 80 and 125 respectively (national median = 100). Rent is $593/month cheaper in Omaha, saving renters about $7,116/year.

Median household income is $20,695/year higher in Peoria. Home values also differ significantly — the median in Omaha is $230,100 compared to $429,400 in Peoria.

Arizona has a lower income tax rate, making Peoria slightly more tax-friendly.

Frequently Asked Questions

Omaha vs Peoria — common questions

Is Omaha or Peoria cheaper to live in?
Based on our cost index, Omaha is cheaper to live in with an index of 80 compared to 125 (US average = 100).
What is the rent difference between Omaha and Peoria?
Median rent in Omaha is $1,150/month and in Peoria it's $1,743/month — a difference of $593/month.
Which city has higher income, Omaha or Peoria?
Median household income is $72,708 in Omaha and $93,403 in Peoria. Median household income is $20,695/year higher in Peoria.
How do taxes compare between Nebraska and Arizona?
Nebraska has 6.64% income tax, 5.5% sales tax, and 1.73% property tax. Arizona has 2.5% income tax, 5.6% sales tax, and 0.62% property tax.
Should I move to Omaha or Peoria?
It depends on your priorities. Omaha has a cost index of 80 with median rent of $1,150/mo, while Peoria has a cost index of 125 with rent of $1,743/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View Omaha details → View Peoria details →

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