SalaryCompareTool

Omaha, NE vs Minneapolis, MN

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

Omaha vs Minneapolis at a glance

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

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

To keep the same standard of living as $100,000 in Omaha, NE, you'd need about $112,789 in Minneapolis, MN (+$12,789).

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

What your home budget buys

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

Annual cost breakdown (at $100,000)

CategoryOmaha, NEMinneapolis, MNDifference
Housing $17,328 $20,652 +$3,324
Groceries $4,828 $5,227 +$399
Transportation $3,300 $3,375 +$75
Utilities $1,440 $1,776 +$336
Insurance $3,600 $2,200 −$1,400
Taxes $11,575 $16,345 +$4,771
Total $42,070 $49,575 +$7,505

Side by side

MetricOmaha, NEMinneapolis, MN
Cost-of-living index92.5104.3
Unemployment rate3.42%3.90%
Population growth (5-yr)5.7%4.3%
Air quality (median AQI)4242
Big Mac price (est.)$5.26$5.93
Median home price$310,337$393,774
Home price ÷ income3.9×4.2×
1-yr home appreciation2.2%2.1%
Price per square foot$183$219
Median rent$1,444$1,721
Total tax burden (% income)11.5%12.1%
Combined sales tax6.97%8.10%
Capital gains tax5.20%9.85%
Property tax rate1.71%1.10%
Healthcare (annual)$6,600$6,800
Childcare (annual, infant)$12,000$16,000
Vehicle property tax2.27%1.58%
Avg commute (min)2125
Home insurance / yr$3,600$2,200
Auto insurance / yr$1,600$1,600
Flood insurance / yr$650$600
Earthquake insurance / yr$100$100
Electricity ¢/kWh13.316.4
Gas $/gal3.103.15
Natural gas / mo$79$76
Water & sewer / mo$108$77
Home internet / mo$75$81
Violent crime /100k330280
Avg summer high °F8883
Avg winter low °F144
Annual precipitation (in)28.031.6
Annual snowfall (in)25.051.2
Sunshine (% possible)62%58%
Permit difficulty (1–5)23

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