Cost of Living: Omaha, NE vs Providence, RI (2026)

Omaha

Nebraska
80
VS

Providence

Rhode Island
99

Omaha is 19% cheaper than Providence.

$1,150/mo ↓ 14%
Median Rent
$1,333/mo ↑ 16%
$72,708/yr ↑ 9%
Median Income
$66,772/yr ↓ 8%
$230,100 ↓ 29%
Home Value
$322,800 ↑ 40%
$1,249/mo ↓ 15%
Owner Costs
$1,467/mo ↑ 17%
488,197
Population
190,214

Tax Comparison

6.64%
Income Tax
5.99%
5.5%
State Sales Tax
7.0%
1.73%
Property Tax
1.53%

Affordability

19.0%
rent-to-income
Affordability
24.0%
rent-to-income

Detailed Comparison

When comparing Omaha, NE and Providence, RI, the overall cost of living indices are 80 and 99 respectively (national median = 100). Rent is $183/month cheaper in Omaha, saving renters about $2,196/year.

Median household income is $5,936/year higher in Omaha. Home values also differ significantly — the median in Omaha is $230,100 compared to $322,800 in Providence.

Rhode Island has a lower income tax rate, making Providence slightly more tax-friendly.

Frequently Asked Questions

Omaha vs Providence — common questions

Is Omaha or Providence 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 Providence?
Median rent in Omaha is $1,150/month and in Providence it's $1,333/month — a difference of $183/month.
Which city has higher income, Omaha or Providence?
Median household income is $72,708 in Omaha and $66,772 in Providence. Median household income is $5,936/year higher in Omaha.
How do taxes compare between Nebraska and Rhode Island?
Nebraska has 6.64% income tax, 5.5% sales tax, and 1.73% property tax. Rhode Island has 5.99% income tax, 7.0% sales tax, and 1.53% property tax.
Should I move to Omaha or Providence?
It depends on your priorities. Omaha has a cost index of 80 with median rent of $1,150/mo, while Providence has a cost index of 99 with rent of $1,333/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View Omaha details → View Providence details →

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