Omaha, NE vs Reno, NV: 80 vs 122

$1,150/mo ↓ 21%

Median Rent

$1,453/mo ↑ 26%

$72,708/yr ↓ 7%

Median Income

$78,448/yr ↑ 8%

$230,100 ↓ 54%

Home Value

$498,600 ↑ 117%

$1,249/mo ↓ 16%

Owner Costs

$1,482/mo ↑ 19%

488,197

Population

268,959

Detailed Comparison

When comparing Omaha, NE and Reno, NV, the overall cost of living indices are 80 and 122 respectively (national median = 100). Rent is $303/month cheaper in Omaha, saving renters about $3,636/year.

Median household income is $5,740/year higher in Reno. Home values also differ significantly — the median in Omaha is $230,100 compared to $498,600 in Reno.

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

Frequently Asked Questions

Omaha vs Reno — common questions

Is Omaha or Reno cheaper to live in?

Based on our cost index, Omaha is cheaper to live in with an index of 80 compared to 122 (US average = 100).

What is the rent difference between Omaha and Reno?

Median rent in Omaha is $1,150/month and in Reno it's $1,453/month — a difference of $303/month.

Which city has higher income, Omaha or Reno?

Median household income is $72,708 in Omaha and $78,448 in Reno. Median household income is $5,740/year higher in Reno.

How do taxes compare between Nebraska and Nevada?

Nebraska has 6.64% income tax, 5.5% sales tax, and 1.73% property tax. Nevada has 0% income tax, 6.85% sales tax, and 0.53% property tax.

Should I move to Omaha or Reno?

It depends on your priorities. Omaha has a cost index of 80 with median rent of $1,150/mo, while Reno has a cost index of 122 with rent of $1,453/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.

Cost of Living: Omaha, NE vs Reno, NV (2026)

Omaha

Reno

Tax Comparison

Affordability

Detailed Comparison

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