Cost of Living: Carmel, IN vs Hastings, NE
Quick rent-and-take-home comparison
Using a baseline of $70,000/yr gross, take-home is about $4,332/mo in Carmel, IN versus $4,175/mo in Hastings, NE. In the model, rent is about 23.42% of gross in Carmel, IN versus 12.5% in Hastings, NE, so Hastings, NE tends to feel more affordable for rent.
Compare cost of living, rent, housing prices, and salary affordability between Carmel, IN and Hastings, NE.
At a glance
- Cheaper overall (lower cost-of-living index): Hastings, NE
- Lower rent (median 1BR/2BR): Hastings, NE
- Lower home prices: Hastings, NE
- Higher median household income: Carmel, IN
Cost of Living Index
Carmel, IN: 100 (U.S. = 100) · Hastings, NE: 100 (U.S. = 100)
Both cities have the same cost-of-living index (U.S. average = 100).
Median Rent
Carmel, IN: $1,527/mo (midpoint of 1BR/2BR) · Hastings, NE: $815/mo
Median rent in Carmel, IN is $712/mo higher than in Hastings, NE.
Median Home Price
Carmel, IN: $455,500 · Hastings, NE: $177,200
Median home price in Carmel, IN is $278,300 higher than in Hastings, NE.
Median Household Income
Carmel, IN: $134,602 · Hastings, NE: $61,202
Carmel, IN has a higher median household income than Hastings, NE by $73,400.
Carmel, IN overview · Hastings, NE overview · Popular comparisons