City comparison
Omaha, NE vs Toledo, OH
What a paycheck is really worth in each city: prices, rent and state taxes.
Key findings
- Overall prices in Omaha, NE (91.9) and Toledo, OH (91.5, U.S. average = 100) are within 1% of each other, so $100,000 in Omaha, NE goes as far as $99,500 in Toledo, OH.
- Rent is the bigger story: a typical 1-bedroom costs $1,148 a month in Omaha, NE versus $820 in Toledo, OH. On $100,000, that's 18% of take-home pay in Omaha, NE and 13% in Toledo, OH.
- On $100,000, estimated state income tax is about $1,703 a year higher in Omaha, NE than in Toledo, OH.
- For federal employees, locality pay changes a GS-13 step 1 salary by −1.0% moving from Omaha, NE to Toledo, OH ($107,501 → $106,437), while prices change by −0.5%. Net effect of the transfer: −0.5% in real buying power.
- Omaha, NE: price level 91.9 (much cheaper)
- Toledo, OH: price level 91.5 (much cheaper)
Map drawn from Census Bureau state boundaries and metro locations9,10; dot colours show BEA price levels2.
Side by side
| Omaha, NE | Toledo, OH | |
|---|---|---|
| Price level (U.S. = 100)2 | 91.9 | 91.5 |
| $100,000 is worth, in the other city2 | $99,504 in Toledo | $100,499 in Omaha |
| Typical 1-bedroom rent3 | $1,148/mo | $820/mo |
| Take-home on $100,00014,15,8 | $75,510 | $77,212 |
| State income tax on $100,000 (estimate)8 | $3,670 (NE) | $1,968 (OH) |
| Rent burden on $100,000 | 18% | 13% |
| Median pay, all jobs4 | $49,660 | $48,220 |
| Federal locality pay area7 | Omaha-Council Bluffs-Fremont, NE-IA | Rest of U.S. |
Rent areas: Omaha-Council Bluffs, NE-IA HUD Metro FMR Area and Toledo, OH MSA. Metro areas: Omaha, NE-IA and Toledo, OH.
What costs more or less
| Price level (U.S. = 100) | Omaha | Toledo |
|---|---|---|
| Housing (rent) | 86.4 | 67.3 |
| Goods | 94.1 | 93.6 |
| Utilities | 76.4 | 96.3 |
| Other services | 93.0 | 98.9 |
| Overall | 91.9 | 91.5 |
Moving with the same $100,000 salary
Omaha, NE → Toledo, OH
Roughly even
Buying power +0.5%; rent takes 13% of take-home; state tax −$1,703/yr.
70 Strong offer
Toledo, OH → Omaha, NE
Roughly even
Buying power −0.5%; rent takes 18% of take-home; state tax +$1,703/yr.
67 Fair offer
On the GS pay scale?
Omaha, NE is in the Omaha-Council Bluffs-Fremont, NE-IA pay area; Toledo, OH is in Rest of U.S.. The last column shows what a transfer from Omaha, NE to Toledo, OH at the same grade and step does to real buying power.
| Grade5,2 | Omaha, NE | Toledo, OH | Real change, Omaha → Toledo |
|---|---|---|---|
| GS-9 step 1 | $62,339 | $61,722 | −0.5% |
| GS-11 step 1 | $75,425 | $74,678 | −0.5% |
| GS-12 step 1 | $90,402 | $89,508 | −0.5% |
| GS-13 step 1 | $107,501 | $106,437 | −0.5% |
| GS-14 step 1 | $127,033 | $125,776 | −0.5% |
Pay for common jobs
| Median annual pay4 | Omaha, NE | Toledo, OH | Toledo pay in Omaha dollars |
|---|---|---|---|
| Elementary School Teachers, Except Special Education | $62,670 | $63,250 | $63,565 (+1.4%) |
| Software Developers | $125,220 | $104,360 | $104,880 (−16.2%) |
| Accountants and Auditors | $77,030 | $77,400 | $77,786 (+1.0%) |
| Registered Nurses | $84,600 | $81,050 | $81,454 (−3.7%) |
"Not published" means BLS doesn't release an estimate for that job in that metro.