SalaryCompareTool

Minneapolis, MN vs Omaha, NE

Moving from Minneapolis to Omaha? Here's what changes — from your equivalent salary to housing ($393,774 → $310,337 median home) and taxes.

Minneapolis vs Omaha at a glance

Bars scaled to the range across all 200 metros; labels show actual values.

Minneapolis, MN Omaha, NE Cost-of-living index Minneapolis, MN — Cost-of-living index: 104 104 Omaha, NE — Cost-of-living index: 92 92 Median home price Minneapolis, MN — Median home price: $394k $394k Omaha, NE — Median home price: $310k $310k Price per sqft Minneapolis, MN — Price per sqft: $219 $219 Omaha, NE — Price per sqft: $183 $183 Median rent Minneapolis, MN — Median rent: $1,721 $1,721 Omaha, NE — Median rent: $1,444 $1,444 Combined sales tax Minneapolis, MN — Combined sales tax: 8.1% 8.1% Omaha, NE — Combined sales tax: 7.0% 7.0% Property tax rate Minneapolis, MN — Property tax rate: 1.10% 1.10% Omaha, NE — Property tax rate: 1.71% 1.71% Violent crime /100k Minneapolis, MN — Violent crime /100k: 280 280 Omaha, NE — Violent crime /100k: 330 330 Electricity ¢/kWh Minneapolis, MN — Electricity ¢/kWh: 16.4 16.4 Omaha, NE — Electricity ¢/kWh: 13.3 13.3 Avg commute (min) Minneapolis, MN — Avg commute (min): 25 25 Omaha, NE — Avg commute (min): 21 21 Avg summer high °F Minneapolis, MN — Avg summer high °F: 83° 83° Omaha, NE — Avg summer high °F: 88° 88° Avg winter low °F Minneapolis, MN — Avg winter low °F: 4° Omaha, NE — Avg winter low °F: 14° 14°

To keep the same standard of living as $100,000 in Minneapolis, MN, you'd need about $88,661 in Omaha, NE (−$11,339).

Livability — Minneapolis, MN: 54 · Omaha, NE: 69 (0–100).

What your home budget buys

A $500,000 home budget gets you about 2,285 sqft in Minneapolis vs 2,738 sqft in Omaha ($219 vs $183 per sqft).

Annual cost breakdown (at $100,000)

CategoryMinneapolis, MNOmaha, NEDifference
Housing $20,652 $17,328 −$3,324
Groceries $5,227 $4,828 −$399
Transportation $3,375 $3,300 −$75
Utilities $1,776 $1,440 −$336
Insurance $2,200 $3,600 +$1,400
Taxes $16,345 $11,575 −$4,770
Total $49,575 $42,070 −$7,505

Side by side

MetricMinneapolis, MNOmaha, NE
Cost-of-living index104.392.5
Unemployment rate3.90%3.42%
Population growth (5-yr)4.3%5.7%
Air quality (median AQI)4750
Big Mac price (est.)$5.93$5.26
Median home price$393,774$310,337
Home price ÷ income4.2×3.9×
1-yr home appreciation2.1%2.2%
Price per square foot$219$183
Median rent$1,721$1,444
Total tax burden (% income)12.1%11.5%
Combined sales tax8.10%6.97%
Capital gains tax9.85%5.20%
Property tax rate1.10%1.71%
Healthcare (annual)$6,800$6,600
Childcare (annual, infant)$16,000$12,000
Vehicle property tax1.58%2.27%
Avg commute (min)2521
Home insurance / yr$2,200$3,600
Auto insurance / yr$1,600$1,600
Flood insurance / yr$600$650
Earthquake insurance / yr$100$100
Electricity ¢/kWh16.413.3
Gas $/gal3.153.10
Violent crime /100k280330
Avg summer high °F8388
Avg winter low °F414
Permit difficulty (1–5)32

Ad · affiliate links