CostIndexUSA

Omaha, NE vs Portland, OR Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

More AffordableNE
Omaha
91.9
overall index
$1,400/mo rent
OR
Portland
105.4
overall index
$1,775/mo rent

Omaha is moderately cheaper than Portland — 14.7% lower overall cost of living.

To match an $80,000 salary in Omaha, you would need $91,800 in Portland. Calculate your salary ↓

Category Breakdown

Index values: 100 = U.S. national average. Higher = more expensive.

🏠 Housing+44.8%
Omaha
86.4
Portland
125.1
🛒 Groceries+11.8%
Omaha
94.1
Portland
105.2
🚗 Transportation+7.7%
Omaha
97.6
Portland
105.1
🏥 Healthcare+7.7%
Omaha
88.3
Portland
95.1
Utilities+40.1%
Omaha
76.4
Portland
107

Salary Equivalency Calculator

Enter your current salary in Omaha to see what you'd need to earn in Portland to maintain the same purchasing power.

$
Equivalent salary in Portland, OR
$91,800
$11,800 more needed in Portland

Formula: salary × (105.4 ÷ 91.9) = salary × 1.1469. Based on BEA Regional Price Parities.

Housing Market

Omaha, NE

Median Home Price
$295,000
Median Monthly Rent
$1,400
Housing Index
86.4
Price-to-Rent Ratio
17.6×

Portland, OR

Median Home Price
$536,000
Median Monthly Rent
$1,775
Housing Index
125.1
Price-to-Rent Ratio
25.2×

Portland has 44.8% higher housing costs compared to Omaha.

Income & Job Market

Omaha, NE

Median Household Income
$81,400
Per Capita Income
$46,400
Unemployment Rate
2.6%
Population
486,051
Top Industries
FinanceInsuranceHealthcareTelecommunicationsManufacturing

Portland, OR

Median Household Income
$94,900
Per Capita Income
$54,100
Unemployment Rate
3.8%
Population
652,503
Top Industries
TechnologyHealthcareManufacturingRetailTourism

Affordability at a Glance

Income-to-rent ratio: higher is better (more income relative to housing costs).

Omaha, NE
4.8×income-to-rent ratio

79% of income left after rent (median)

Portland, OR
4.5×income-to-rent ratio

78% of income left after rent (median)

Data Sources: Bureau of Economic Analysis (BEA) Regional Price Parities 2024; U.S. Census Bureau American Community Survey (ACS); Bureau of Labor Statistics (BLS) Local Area Unemployment Statistics; Zillow Research.

Cost indices use 100 as the U.S. national average. Values above 100 indicate costs above the national average. Data is updated annually.

This data is for informational purposes only and should not be used as the sole basis for relocation or financial decisions.