CostIndexUSA

McAllen, TX vs Omaha, NE Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

More AffordableTX
McAllen
85.9
overall index
$1,100/mo rent
NE
Omaha
91.9
overall index
$1,400/mo rent

McAllen is moderately cheaper than Omaha — 7.0% lower overall cost of living.

To match an $80,000 salary in McAllen, you would need $85,600 in Omaha. Calculate your salary ↓

Category Breakdown

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

🏠 Housing+54.6%
McAllen
55.9
Omaha
86.4
🛒 Groceries≈ Equal
McAllen
93.8
Omaha
94.1
🚗 Transportation3.5%
McAllen
101.1
Omaha
97.6
🏥 Healthcare3.4%
McAllen
91.4
Omaha
88.3
Utilities5.9%
McAllen
81.2
Omaha
76.4

Salary Equivalency Calculator

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

$
Equivalent salary in Omaha, NE
$85,600
$5,600 more needed in Omaha

Formula: salary × (91.9 ÷ 85.9) = salary × 1.0698. Based on BEA Regional Price Parities.

Housing Market

McAllen, TX

Median Home Price
$188,000
Median Monthly Rent
$1,100
Housing Index
55.9
Price-to-Rent Ratio
14.2×

Omaha, NE

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

Omaha has 54.6% higher housing costs compared to McAllen.

Income & Job Market

McAllen, TX

Median Household Income
$53,700
Per Capita Income
$30,600
Unemployment Rate
5.6%
Population
142,212
Top Industries
International TradeHealthcareRetailGovernmentEducation

Omaha, NE

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

Affordability at a Glance

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

McAllen, TX
4.1×income-to-rent ratio

75% of income left after rent (median)

Omaha, NE
4.8×income-to-rent ratio

79% 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.