Side-by-side cost of living comparison for 2026
15% cheaper
Omaha is 15% more affordable than Minneapolis. A $75,000 salary in Minneapolis is equivalent to $63,679 in Omaha.
Index values shown. National average = 100. Lower is cheaper.
To maintain the same standard of living:
See exact take-home pay: Minnesota salaries · Nebraska salaries
Housing is typically the biggest factor in any cost-of-living comparison. Minneapolis has a housing index of 112 while Omaha sits at 76 (national average = 100). The median home in Minneapolis costs $310,000 compared to $230,000 in Omaha, a difference of $80,000. Monthly rent follows a similar pattern: $1,500 in Minneapolis versus $1,100 in Omaha.
Groceries and everyday expenses show a notable difference: Minneapolis scores 104 while Omaha scores 97. Both cities are close to the national average for grocery costs.
Healthcare costs in Minneapolis (105) are higher than Omaha (96). Both are close to the national average.
Median household income in Minneapolis is $64,285 compared to $59,612 in Omaha. When adjusted for cost of living, income goes further in Omaha.
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