Omaha vs Fort Lauderdale: Cost of Living Comparison
How does the cost of living in Omaha, Nebraska compare to Fort Lauderdale, Florida? Below is a side-by-side breakdown of housing costs, income, wages, and taxes using official government data.
Summary: Omaha is the more affordable city overall. Housing costs are 50% lower in Omaha compared to Fort Lauderdale, while rent is 32% lower. FL has no state income tax.
| Metric | Omaha, NE | Fort Lauderdale, FL | Diff |
|---|---|---|---|
| Housing | |||
| Median Home Value | $210,300 | $417,600 | -49.6% |
| Median Monthly Rent | $1,099 | $1,627 | -32.5% |
| Income | |||
| Median Household Income | $70,202 | $75,376 | -6.9% |
| Per Capita Income | $40,081 | $55,060 | -27.2% |
| Taxes | |||
| State Income Tax Rate | 6.6% | None | same |
| Combined Sales Tax | 6.9% | 7.0% | -1.0% |
| Demographics | |||
| Population | 489,201 | 182,673 | +167.8% |
Source: U.S. Census Bureau ACS 5-Year Estimates (2022), Freddie Mac Primary Mortgage Market Survey. State/local tax rates from Tax Foundation (2024).
Rent vs. Buy Calculator — Omaha
Default home price from Census ACS median. Mortgage rate: 6.38% (Freddie Mac PMMS, March 2026). Property tax est. 1.1%, insurance est. 0.35% of home value annually.
Rent vs. Buy Calculator — Fort Lauderdale
Default home price from Census ACS median. Mortgage rate: 6.38% (Freddie Mac PMMS, March 2026). Property tax est. 1.1%, insurance est. 0.35% of home value annually.
Key Takeaways
- Housing: The median home in Omaha costs $210,300 compared to $417,600 in Fort Lauderdale — a 50% discount.
- Rent: Median rent is $1,099/mo in Omaha vs $1,627/mo in Fort Lauderdale.
- Income: Median household income is $70,202 in Omaha and $75,376 in Fort Lauderdale.
- Taxes: Florida has no state income tax, while Nebraska has a 6.64% rate.
Methodology
This comparison uses data from the U.S. Census Bureau American Community Survey 5-Year Estimates (2022) for median household income, median home value, median gross rent, per capita income, and population. State and local tax rates are sourced from the Tax Foundation. Mortgage rates are from the Freddie Mac Primary Mortgage Market Survey (updated weekly).