Cost of Living: Omaha, NE vs Waterbury, CT (2026)

Omaha

Nebraska
80
VS

Waterbury

Connecticut
76

Omaha is 5% more expensive than Waterbury.

$1,150/mo ↓ 3%
Median Rent
$1,180/mo ↑ 3%
$72,708/yr ↑ 41%
Median Income
$51,642/yr ↓ 29%
$230,100 ↑ 24%
Home Value
$185,400 ↓ 19%
$1,249/mo ↓ 2%
Owner Costs
$1,273/mo ↑ 2%
488,197
Population
114,356

Tax Comparison

6.64%
Income Tax
6.99%
5.5%
State Sales Tax
6.35%
1.73%
Property Tax
2.15%

Affordability

19.0%
rent-to-income
Affordability
27.4%
rent-to-income

Detailed Comparison

When comparing Omaha, NE and Waterbury, CT, the overall cost of living indices are 80 and 76 respectively (national median = 100). Rent is comparable in both cities, with less than $50/month separating them.

Median household income is $21,066/year higher in Omaha. Home values also differ significantly — the median in Omaha is $230,100 compared to $185,400 in Waterbury.

Nebraska has a lower income tax rate, making Omaha slightly more tax-friendly.

Frequently Asked Questions

Omaha vs Waterbury — common questions

Is Omaha or Waterbury cheaper to live in?
Based on our cost index, Waterbury is cheaper to live in with an index of 76 compared to 80 (US average = 100).
What is the rent difference between Omaha and Waterbury?
Median rent in Omaha is $1,150/month and in Waterbury it's $1,180/month — a difference of $30/month.
Which city has higher income, Omaha or Waterbury?
Median household income is $72,708 in Omaha and $51,642 in Waterbury. Median household income is $21,066/year higher in Omaha.
How do taxes compare between Nebraska and Connecticut?
Nebraska has 6.64% income tax, 5.5% sales tax, and 1.73% property tax. Connecticut has 6.99% income tax, 6.35% sales tax, and 2.15% property tax.
Should I move to Omaha or Waterbury?
It depends on your priorities. Omaha has a cost index of 80 with median rent of $1,150/mo, while Waterbury has a cost index of 76 with rent of $1,180/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View Omaha details → View Waterbury details →

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