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Cost & Benefits

Compare / Omaha to Providence

Omaha, NE vs Providence, RI

Simple answer

You'd likely save $429 a month in Omaha.

This is the HUD 2-bedroom fair-market rent for October 2026 through September 2027. It is not your lease.

The largest cost gap in this pair is Fair Market Rent. The 2-bedroom Fair Market Rent gap is $429: Providence is higher at $1,879 versus $1,450.

Nebraska taxes wages at rates up to 4.55%. Rhode Island taxes wages at rates up to 5.99%. Combined sales tax differs by 0.0 percentage points, higher in Rhode Island. The effective property tax gap is 0.35 percentage points, higher in Nebraska.

After a move from Nebraska to Rhode Island, those two example households keep the same benefit status labels. A different income can still split Medicaid and marketplace credits.

A $75,000 salary in Omaha lines up with about $83,047 in Providence on the 2024 all-items price parity. Census median gross rent and the commute figures are 2024. Fair Market Rents are fiscal year 2027.

Omaha

Omaha, NE-IA

2-bedroom Fair Market Rent
$1,450
HUD area
Omaha-Council Bluffs, NE-IA HUD Metro FMR Area
Census median gross rent
$1,230
All-items price parity
91.9
Goods price parity
94.1
Utilities price parity
76.4
Mean commute
21.4 min
Median household income
$84,524

Providence

Providence-Warwick, RI-MA

2-bedroom Fair Market Rent
$1,879
HUD area
Providence-Fall River, RI-MA HUD Metro FMR Area
Census median gross rent
$1,396
All-items price parity
101.8
Goods price parity
97.1
Utilities price parity
148.8
Mean commute
27.9 min
Median household income
$82,870

Equivalent salary

The first number keeps the same place in the national price level. The second also runs 2026 federal income tax, employee Social Security and Medicare, and a simplified state income tax. Groceries use the BEA goods price parity, not a grocery receipt.

Same buying power

$83,047

Salary in Providence that matches the 2024 all-items regional price parity.

After state and federal tax

$84,009

Gross salary in Providence whose after-tax pay buys the same basket, using price parities.

Rent only

$97,190

Scales the salary by the ratio of HUD 2-bedroom Fair Market Rents. Rent is not the whole budget.

Taxes on the two sides of the move

TaxNebraskaRhode Island
State income tax on wagesup to 4.55%up to 5.99%
Combined sales tax, Jan 1, 20267.0%7.0%
Effective property tax, ACS 2024 median / median1.42%1.07%

On a $400,000 home, the state median effective rate implies about $5,685 a year in Nebraska and $4,289 in Rhode Island. That illustration is not a local bill. Childcare prices are not in the verified dataset for these metros.

Benefits if you land in Rhode Island

Same household, $40,000 a year, scored once in Nebraska and once in Rhode Island. This is an illustration, not your application.

  • Food stamps (SNAP)

    OmahaLikely eligible

    ProvidenceLikely eligible

  • Medicaid and CHIP

    OmahaLikely eligible

    ProvidenceLikely eligible

  • WIC

    OmahaLikely eligible

    ProvidenceLikely eligible

  • School meals

    OmahaLikely eligible

    ProvidenceLikely eligible

  • LIHEAP

    OmahaMaybe

    ProvidenceMaybe

  • Earned Income Tax Credit

    OmahaLikely eligible

    ProvidenceLikely eligible

  • Child Tax Credit

    OmahaLikely eligible

    ProvidenceLikely eligible

  • Marketplace premium tax credits

    OmahaUnlikely

    ProvidenceUnlikely

  • Lifeline phone and internet

    OmahaLikely eligible

    ProvidenceLikely eligible

  • SSI

    OmahaUnlikely

    ProvidenceUnlikely

At $40,000 the status labels match. A single adult around $18,000 is where Medicaid expansion and the marketplace coverage gap usually split.

Medicaid guide for Rhode Island · SNAP guide

Related comparisons

From Omaha

The eight largest 2-bedroom Fair Market Rent gaps from Omaha.

Nearby metros

How the salary and tax math works · The reverse city order redirects to this address.