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

Omaha

Nebraska
80
VS

Richardson

Texas
128

Omaha is 38% cheaper than Richardson.

$1,150/mo ↓ 37%
Median Rent
$1,825/mo ↑ 59%
$72,708/yr ↓ 24%
Median Income
$96,257/yr ↑ 32%
$230,100 ↓ 43%
Home Value
$405,600 ↑ 76%
$1,249/mo ↓ 30%
Owner Costs
$1,796/mo ↑ 44%
488,197
Population
118,269

Tax Comparison

6.64%
Income Tax
0%
5.5%
State Sales Tax
6.25%
1.73%
Property Tax
1.6%

Affordability

19.0%
rent-to-income
Affordability
22.8%
rent-to-income

Detailed Comparison

When comparing Omaha, NE and Richardson, TX, the overall cost of living indices are 80 and 128 respectively (national median = 100). Rent is $675/month cheaper in Omaha, saving renters about $8,100/year.

Median household income is $23,549/year higher in Richardson. Home values also differ significantly — the median in Omaha is $230,100 compared to $405,600 in Richardson.

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

Frequently Asked Questions

Omaha vs Richardson — common questions

Is Omaha or Richardson cheaper to live in?
Based on our cost index, Omaha is cheaper to live in with an index of 80 compared to 128 (US average = 100).
What is the rent difference between Omaha and Richardson?
Median rent in Omaha is $1,150/month and in Richardson it's $1,825/month — a difference of $675/month.
Which city has higher income, Omaha or Richardson?
Median household income is $72,708 in Omaha and $96,257 in Richardson. Median household income is $23,549/year higher in Richardson.
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 Richardson?
It depends on your priorities. Omaha has a cost index of 80 with median rent of $1,150/mo, while Richardson has a cost index of 128 with rent of $1,825/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View Omaha details → View Richardson details →

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