Hastings cost of living index

In the event that the cost of living data was unavailable for this city, estimates based upon nearby cities were used. Each cost of living index is based on a national average of 100. If the amount is below 100, it is lower than the national average. If the amount is above 100, it is higher than the national average.
Cost of living index8590100
Goods & Services index9195100
Groceries index104100100
Health care index99101100
Housing index5975100
Transportation index10098100
Utilities index9591100
A general summary of the cost of living index in Hastings, NE is shown above. Compared to the state average of Nebraska the cost of living index in Hastings, NE is 85, which is 6% lower than the average in Nebraska and compared to the national average it is 15% lower than. The cost of living index is made up of several categories. These are transportation at 9%, utilities at 10%, goods and services at 33%, housing at 30%, groceries at 13%, and health care at 5%. The bulk of the cost of living index comes from the categories of goods and services and housing. If you look at everyday goods and services they can be a good indicator in a certain city of the general costs of goods there. In Hastings, NE goods and services come in at 4% lower than the average in Nebraska and are 9% lower than compared to the nationwide average.

Did you know?

  • The cost of living in Hastings is 6% lower than the Nebraska average.
  • The cost of living in Hastings is 15% lower than the national average.
  • The cost of housing in Hastings is 41% lower than the national average.
  • Nebraska general sales tax is 8% higher than the national average.
  • Nebraska state income tax is 11% higher than the national average.

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Salary Calculator

This is how much you would need to earn in
Price difference in compared to
Cost of living index
Goods & Services index
Groceries index
Health care index
Housing index
Transportation index
Utilities index
The salary calculator allows you to compare how much your current salary in Hastings, NE would be worth in another city. In other words, the salary calculator will adjust the figure you enter for cost of living so that you can determine how much more or much less you would need to earn while maintaining your current quality of living. If you are considering relocating to a more expensive city than Hastings, NE, the calculator will tell you how much more you need to earn so you can assess job offers more accurately. The Hastings, NE salary calculator is easy to use. All you do is enter the name of another city, then move the slider to your current income. After that, the salary calculator will crunch the numbers for you and give you the information you need about the place you are considering going. Additionally, it will show a detailed breakdown of the cost of living.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
The affordability of the housing market in Hastings, NE as well as the overall cost of living can be indicated accurately by what percent of the monthly income is spent on housing related costs. This is konwn as the debt-to-income ratio (DTI). The overall rule of thumb is that no more than 28% of your gross income should ever be used on the overall costs related to housing and no more than 36% of gross income on all expenses and debts. Among Hastings, NE homeowners, the median income is $63,503. This indicates that a monthly maximum of $1,482 should be spent by homeowners on all housing related costs. Renters have a median income of $27,572. This indicates that renters should have a maximum of $643 used for their rent related monthly costs.

Nebraska Sales Tax

StateGeneral Sales TaxWith Max Surtax

Nebraska Income Tax

StateIncome Tax (Low)Income Tax (High)
One thing to keep in mind when considering the cost of living in Hastings, NE is the Nebraska sales tax and Nebraska income tax rates. Sales taxes are taxes that are collected on most goods or services sold. Sales taxes can vary by state and can be as high as 7% and as low as 0% as not every state imposes a sales tax. The Nebraska sales tax rate is 5.5% and the maximum surtax that can be charged is 7.5%. Income tax is the tax imposed on income by both the federal and state government. The income tax rates varies by individual state and will also be higher or lower depending on the applicable tax bracket. The rates of state income tax can vary from 0% to more than 9%. The Nebraska income tax rates range from 2.46% to 6.84%.

Goods & Services

ItemHastingsNational avg.Difference
Haircut $10.67$14.5926.9%
Beauty Salon $17.67$34.6849.0%
Toothpaste $2.62$2.475.9%
Shampoo $1.03$1.020.8%
Movie $8.50$9.8713.9%
Bowling $2.99$4.3931.9%


ItemHastingsNational avg.Difference
Ground Beef $4.55$4.481.6%
Fried Chicken $1.99$1.4635.9%
Milk $2.34$2.360.7%
Potatoes $2.92$3.064.6%
Pizza $8.99$9.242.7%
Beer $7.85$8.639.1%

Health Care

ItemHastingsNational avg.Difference
Optometrist $90.33$99.789.5%
Doctor $102.00$105.032.9%
Dentist $85.00$88.704.2%
Ibuprofen $9.72$9.413.3%
Lipitor $317.32$298.506.3%


ItemHastingsNational avg.Difference
Home Price $96,200.00$175,700.0045.2%
Avg. Mortgage Payment $1,112.59$1,081.032.9%
Apartment Rent $627.00$920.0031.8%


ItemHastingsNational avg.Difference
Gasoline $2.12$2.091.6%
Tire Balancing $43.32$45.294.3%


ItemHastingsNational avg.Difference
All Electricity$104.21$170.8039.0%
Phone $39.95$28.2641.4%
Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

Nearby cities with low cost of living

City, StatePopulationCost of Living IndexNational Avg.
Prosser, NE8676-24%
Holstein, NE23180-20%
Glenvil, NE33480-20%
Inland, NE14081-19%
Roseland, NE24482-18%
Hastings, NE25,03085-15%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Pasadena, MD25,03011616%
Paris, TX25,02378-22%
Herriman, UT25,02211515%
Paducah, KY25,04684-16%
Inkster, MI25,05681-19%
Hastings, NE25,03085-15%
Source: The Hastings, NE cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.