Cost of Living: Omaha, NE vs Phoenix, AZ

Quick rent-and-take-home comparison

Using a baseline of $70,000/yr gross, take-home is about $4,175/mo in Omaha, NE versus $4,370/mo in Phoenix, AZ. In the model, rent is about 16.77% of gross in Omaha, NE versus 21.24% in Phoenix, AZ, so Omaha, NE tends to feel more affordable for rent.

Take-home in Omaha, NE
$4,175/mo
Income level: near
Take-home in Phoenix, AZ
$4,370/mo
Income level: near
Rent share (1BR) in Omaha, NE
16.77%
COLI tier: lower-cost
Rent share (1BR) in Phoenix, AZ
21.24%
COLI tier: mid-range

Compare cost of living, rent, housing prices, and salary affordability between Omaha, NE and Phoenix, AZ.

At a glance

  • Cheaper overall (lower cost-of-living index): Omaha, NE
  • Lower rent (median 1BR/2BR): Omaha, NE
  • Lower home prices: Omaha, NE
  • Higher median household income: Phoenix, AZ

Cost of Living Index

Omaha, NE: 87.2 (U.S. = 100) · Phoenix, AZ: 102.4 (U.S. = 100)

Omaha, NE has a lower cost-of-living index than Phoenix, AZ, so a given salary generally stretches further there.

Median Rent

Omaha, NE: $1,093/mo (midpoint of 1BR/2BR) · Phoenix, AZ: $1,385/mo

Median rent in Phoenix, AZ is $292/mo higher than in Omaha, NE.

Median Home Price

Omaha, NE: $230,100 · Phoenix, AZ: $381,900

Median home price in Phoenix, AZ is $151,800 higher than in Omaha, NE.

Median Household Income

Omaha, NE: $72,708 · Phoenix, AZ: $77,041

Phoenix, AZ has a higher median household income than Omaha, NE by $4,333.

Omaha, NE overview · Phoenix, AZ overview · Popular comparisons