Labor Economics Arbitrage & Career Benchmarks

Omaha, NE-IA vs. New York-Newark-Jersey City, NY-NJ

Empirical side-by-side analysis of regional cost of living, HUD fair market rents, statutory tax burdens, and occupational compensation spread.

Curated Head-to-Head Matchups
NE Market

Omaha, NE-IA

Cost of Living Index: 108.3 · Graduated Brackets
All-Occupation Median (BLS) $49,660
HUD 1BR Rent$1,219/mo
Est. Take-Home$40,702/yr
Top State Tax Rate4.55%
Local Income Tax0.00%
Explore Omaha, NE-IA Dossier
VS
NY Market

New York-Newark-Jersey City, NY-NJ

Cost of Living Index: 181.0 · Graduated Brackets
All-Occupation Median (BLS) $61,430
HUD 1BR Rent$2,729/mo
Est. Take-Home$46,873/yr
Top State Tax Rate10.90%
Local Income Tax3.88%
Explore New York-Newark-Jersey City, NY-NJ Dossier

Executive Takeaway & Purchasing Power Verdict

The BLS median wage across all occupations is $49,660 in Omaha, NE-IA and $61,430 in New York-Newark-Jersey City, NY-NJ, 23.7% higher in New York. HUD's one-bedroom Fair Market Rent is $1,219 a month in Omaha and $2,729 in New York (123.9% higher in New York). On a $75,000 salary a single filer pays $2,533 in state and local income tax in Omaha versus $5,925 in New York, $3,392 less a year in Omaha. EPI family budgets put overall living costs 67.1% higher in New York, so $75,000 in Omaha goes about as far as $125,300 in New York. Adjusted for living costs, the median wage buys about 35.1% more in Omaha, NE-IA than in New York-Newark-Jersey City, NY-NJ.

Omaha, NE-IA vs New York-Newark-Jersey City, NY-NJ: Shared Occupation Wages

Comparing empirical BLS median wages across common professions in both labor markets.

Category / Role Omaha, NE-IA Median New York-Newark-Jersey City, NY-NJ Median Advantage Delta Action
Chief ExecutivesSOC 11-1011$228,220$301,440+32.1%Dossier
Financial ManagerSOC 11-3031$140,390$221,010+57.4%Dossier
Computer and Information Systems ManagersSOC 11-3021$145,500$215,300+48%Dossier
Sales ManagersSOC 11-2022$130,100$215,150+65.4%Dossier
Architectural and Engineering ManagersSOC 11-9041$148,930$183,890+23.5%Dossier
Human Resources ManagersSOC 11-3121$132,020$185,100+40.2%Dossier
Marketing ManagersSOC 11-2021$112,870$192,840+70.9%Dossier
Public Relations ManagersSOC 11-2032$113,110$192,360+70.1%Dossier
Natural Sciences ManagersSOC 11-9121$124,470$180,460+45%Dossier
Compensation and Benefits ManagersSOC 11-3111$122,070$179,730+47.2%Dossier
Physician AssistantSOC 29-1071$134,130$167,650+25%Dossier
Purchasing ManagersSOC 11-3061$128,390$171,810+33.8%Dossier

Head-to-Head Comparison Frequently Asked Questions

Is it cheaper to live in Omaha, NE-IA or New York-Newark-Jersey City, NY-NJ?

Omaha, NE-IA is cheaper: its cost-of-living index (from EPI family budgets, U.S. = 100) is 108.3 versus 181.0 in New York-Newark-Jersey City, NY-NJ. HUD's one-bedroom Fair Market Rent is $1,219 a month in Omaha, NE-IA and $2,729 in New York-Newark-Jersey City, NY-NJ.

How much do I need to earn in New York-Newark-Jersey City, NY-NJ to match $75,000 in Omaha, NE-IA?

About $125,300. That scales $75,000 by the ratio of the two metros' cost-of-living indexes (108.3 in Omaha, NE-IA, 181.0 in New York-Newark-Jersey City, NY-NJ); it does not account for differences in taxes.

Do jobs pay more in Omaha, NE-IA or New York-Newark-Jersey City, NY-NJ?

The BLS median wage across all occupations is $49,660 in Omaha, NE-IA and $61,430 in New York-Newark-Jersey City, NY-NJ. Pay for a specific occupation can differ; the table on this page compares BLS medians for occupations published in both metros.

How do income taxes compare between Omaha, NE-IA and New York-Newark-Jersey City, NY-NJ?

Omaha, NE-IA has a top state rate of 4.55%; a single filer earning $75,000 pays $2,533 in state and local income tax there. New York-Newark-Jersey City, NY-NJ has a top state rate of 10.9% plus a 3.88% local income tax; a single filer earning $75,000 pays $5,925 in state and local income tax there. Federal income tax and FICA are the same in both.

Where does the median wage go further?

Dividing each metro's BLS median wage by its cost-of-living index, the median wage buys about 35.1% more in Omaha, NE-IA than in New York-Newark-Jersey City, NY-NJ.

Reciprocal Route & Triangular Silo Links

Omaha, NE-IA vs. New York-Newark-Jersey City, NY-NJ: Reverse Comparison & Regional Hubs

Reverse Comparison: New York-Newark-Jersey City, NY-NJ vs. Omaha, NE-IA
Omaha, NE-IA vs. New York-Newark-Jersey City, NY-NJ Overview

Side-by-side wage, living expense, & tax arbitrage comparison for Omaha, NE-IA vs. New York-Newark-Jersey City, NY-NJ. Empirical BLS earnings & HUD benchmarks. Official 2026 economic data for Omaha, NE-IA vs. New York-Newark-Jersey City, NY-NJ compiled from Bureau of Labor Statistics OEWS surveys, HUD Fair Market Rents, and statutory tax codes.

Quick answers
Is it cheaper to live in Omaha, NE-IA or New York-Newark-Jersey City, NY-NJ?

Omaha, NE-IA is cheaper: its cost-of-living index (from EPI family budgets, U.S. = 100) is 108.3 versus 181.0 in New York-Newark-Jersey City, NY-NJ. HUD's one-bedroom Fair Market Rent is $1,219 a month in Omaha, NE-IA and $2,729 in New York-Newark-Jersey City, NY-NJ.

How much do I need to earn in New York-Newark-Jersey City, NY-NJ to match $75,000 in Omaha, NE-IA?

About $125,300. That scales $75,000 by the ratio of the two metros' cost-of-living indexes (108.3 in Omaha, NE-IA, 181.0 in New York-Newark-Jersey City, NY-NJ); it does not account for differences in taxes.