Cost of Living: Portland, OR vs Omaha, NE (2026)

Portland

Oregon
138
VS

Omaha

Nebraska
80

Portland is 72% more expensive than Omaha.

$1,596/mo ↑ 39%
Median Rent
$1,150/mo ↓ 28%
$88,792/yr ↑ 22%
Median Income
$72,708/yr ↓ 18%
$557,600 ↑ 142%
Home Value
$230,100 ↓ 59%
$1,771/mo ↑ 42%
Owner Costs
$1,249/mo ↓ 29%
642,715
Population
488,197

Tax Comparison

9.9%
Income Tax
6.64%
0%
State Sales Tax
5.5%
0.93%
Property Tax
1.73%

Affordability

21.6%
rent-to-income
Affordability
19.0%
rent-to-income

Detailed Comparison

When comparing Portland, OR and Omaha, NE, the overall cost of living indices are 138 and 80 respectively (national median = 100). Rent is $446/month cheaper in Omaha, saving renters about $5,352/year.

Median household income is $16,084/year higher in Portland. Home values also differ significantly — the median in Portland is $557,600 compared to $230,100 in Omaha.

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

Frequently Asked Questions

Portland vs Omaha — common questions

Is Portland or Omaha cheaper to live in?
Based on our cost index, Omaha is cheaper to live in with an index of 80 compared to 138 (US average = 100).
What is the rent difference between Portland and Omaha?
Median rent in Portland is $1,596/month and in Omaha it's $1,150/month — a difference of $446/month.
Which city has higher income, Portland or Omaha?
Median household income is $88,792 in Portland and $72,708 in Omaha. Median household income is $16,084/year higher in Portland.
How do taxes compare between Oregon and Nebraska?
Oregon has 9.9% income tax, 0% sales tax, and 0.93% property tax. Nebraska has 6.64% income tax, 5.5% sales tax, and 1.73% property tax.
Should I move to Portland or Omaha?
It depends on your priorities. Portland has a cost index of 138 with median rent of $1,596/mo, while Omaha has a cost index of 80 with rent of $1,150/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View Portland details → View Omaha details →

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