Cost of Living: Omaha, NE vs Salt Lake City, UT (2026)

Omaha

Nebraska
80
VS

Salt Lake City

Utah
117

Omaha is 32% cheaper than Salt Lake City.

$1,150/mo ↓ 14%
Median Rent
$1,343/mo ↑ 17%
$72,708/yr ↓ 3%
Median Income
$74,925/yr ↑ 3%
$230,100 ↓ 54%
Home Value
$495,700 ↑ 115%
$1,249/mo ↓ 10%
Owner Costs
$1,394/mo ↑ 12%
488,197
Population
203,888

Tax Comparison

6.64%
Income Tax
4.65%
5.5%
State Sales Tax
6.1%
1.73%
Property Tax
0.58%

Affordability

19.0%
rent-to-income
Affordability
21.5%
rent-to-income

Detailed Comparison

When comparing Omaha, NE and Salt Lake City, UT, the overall cost of living indices are 80 and 117 respectively (national median = 100). Rent is $193/month cheaper in Omaha, saving renters about $2,316/year.

Median household income is $2,217/year higher in Salt Lake City. Home values also differ significantly — the median in Omaha is $230,100 compared to $495,700 in Salt Lake City.

Utah has a lower income tax rate, making Salt Lake City slightly more tax-friendly.

Frequently Asked Questions

Omaha vs Salt Lake City — common questions

Is Omaha or Salt Lake City cheaper to live in?
Based on our cost index, Omaha is cheaper to live in with an index of 80 compared to 117 (US average = 100).
What is the rent difference between Omaha and Salt Lake City?
Median rent in Omaha is $1,150/month and in Salt Lake City it's $1,343/month — a difference of $193/month.
Which city has higher income, Omaha or Salt Lake City?
Median household income is $72,708 in Omaha and $74,925 in Salt Lake City. Median household income is $2,217/year higher in Salt Lake City.
How do taxes compare between Nebraska and Utah?
Nebraska has 6.64% income tax, 5.5% sales tax, and 1.73% property tax. Utah has 4.65% income tax, 6.1% sales tax, and 0.58% property tax.
Should I move to Omaha or Salt Lake City?
It depends on your priorities. Omaha has a cost index of 80 with median rent of $1,150/mo, while Salt Lake City has a cost index of 117 with rent of $1,343/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View Omaha details → View Salt Lake City details →

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