New York, NY vs Omaha, NE
Cost of living comparison · 2023 Census ACS data
Quick Summary
New York is materially more expensive on housing — $752,000 for a typical home compared with $230,000 in Omaha, a gap of roughly 69%. State income-tax burden also tilts toward Omaha — a top rate of 5.8% versus 10.9% — which compounds at higher incomes.
Median Home Value
$751,700
$230,100 ✓
Zillow Home Value
$812,534
$288,850
Median Gross Rent
$1,779/mo
$1,150/mo ✓
Owner Occupied %
32.8%
57.7%
Price-to-Rent Ratio
35.2x
16.7x
Median Household Income
$79,713 ✓
$72,708
Per Capita Income
$50,776
$42,515
Unemployment Rate
7.7%
4.2% ✓
Poverty Rate
17.4%
12.8%
Avg Commute (min)
44.8 min
21.2 min
Drove Alone %
21.9%
73.3%
Public Transit %
45.5%
1.1%
Work From Home %
15.0%
13.6%
State Income Tax
10.9%
5.8%
Total Sales Tax
8.5%
6.9% ✓
Property Tax Rate
1.7%
1.7%
Bachelor's Degree %
23.6%
25.6%
Median Age
38
35.3
Avg High Temp
62.6°F
—
Annual Precipitation
49.5"
33.1"
Annual Snowfall
29.8"
—
New York, NY 1 wins
- ✓Median Household Income
Omaha, NE 4 wins
- ✓Median Home Value
- ✓Median Gross Rent
- ✓Total Sales Tax
- ✓Unemployment Rate
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