Cost of Living: Omaha, NE vs Toledo, OH (2026)

Omaha

Nebraska
80
VS

Toledo

Ohio
52

Omaha is 54% more expensive than Toledo.

$1,150/mo ↑ 31%
Median Rent
$880/mo ↓ 23%
$72,708/yr ↑ 53%
Median Income
$47,532/yr ↓ 35%
$230,100 ↑ 115%
Home Value
$107,000 ↓ 53%
$1,249/mo ↑ 46%
Owner Costs
$856/mo ↓ 31%
488,197
Population
268,461

Tax Comparison

6.64%
Income Tax
3.5%
5.5%
State Sales Tax
5.75%
1.73%
Property Tax
1.53%

Affordability

19.0%
rent-to-income
Affordability
22.2%
rent-to-income

Detailed Comparison

When comparing Omaha, NE and Toledo, OH, the overall cost of living indices are 80 and 52 respectively (national median = 100). Rent is $270/month cheaper in Toledo, saving renters about $3,240/year.

Median household income is $25,176/year higher in Omaha. Home values also differ significantly — the median in Omaha is $230,100 compared to $107,000 in Toledo.

Ohio has a lower income tax rate, making Toledo slightly more tax-friendly.

Frequently Asked Questions

Omaha vs Toledo — common questions

Is Omaha or Toledo cheaper to live in?
Based on our cost index, Toledo is cheaper to live in with an index of 52 compared to 80 (US average = 100).
What is the rent difference between Omaha and Toledo?
Median rent in Omaha is $1,150/month and in Toledo it's $880/month — a difference of $270/month.
Which city has higher income, Omaha or Toledo?
Median household income is $72,708 in Omaha and $47,532 in Toledo. Median household income is $25,176/year higher in Omaha.
How do taxes compare between Nebraska and Ohio?
Nebraska has 6.64% income tax, 5.5% sales tax, and 1.73% property tax. Ohio has 3.5% income tax, 5.75% sales tax, and 1.53% property tax.
Should I move to Omaha or Toledo?
It depends on your priorities. Omaha has a cost index of 80 with median rent of $1,150/mo, while Toledo has a cost index of 52 with rent of $880/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View Omaha details → View Toledo details →

More Comparisons

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