Omaha vs Chicago

Omaha is cheaper to live in overall. Omaha has a cost of living index of 91 while Chicago has an index of 107, where 100 represents the US national average. Chicago is 18% more expensive than Omaha overall.

The median 1-bedroom rent in Omaha is $1,100 per month compared to $1,750 in Chicago. The median home price in Omaha is $240,000 versus $310,000 in Chicago. Housing is typically the largest factor in cost of living differences between cities.

Omaha has a cost of living index of 91 and Chicago has an index of 107, both measured against a US national average of 100. An index above 100 means more expensive than the national average — below 100 means cheaper.

To maintain the same purchasing power as a salary in Omaha, multiply by 1.18. For example a $75,000 salary in Omaha is equivalent to approximately $88,187 in Chicago.

Omaha has a median household income of $60,687 per year versus $62,097 in Chicago. Higher incomes must be weighed against cost of living. Use the Dayblip salary tools to see specific job salaries in both cities.

Whether moving from Omaha to Chicago is worthwhile depends on your salary, lifestyle, and priorities. Chicago is 18% more expensive overall — with the biggest difference in housing. Use the Dayblip cost of living calculator to enter your specific salary and see the exact dollar impact.