Cost of Living: Elgin, IL vs Hastings, NE
Quick rent-and-take-home comparison
Using a baseline of $70,000/yr gross, take-home is about $4,227/mo in Elgin, IL versus $4,175/mo in Hastings, NE. In the model, rent is about 18.36% of gross in Elgin, IL 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 Elgin, IL 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: Elgin, IL
Cost of Living Index
Elgin, IL: 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
Elgin, IL: $1,197/mo (midpoint of 1BR/2BR) · Hastings, NE: $815/mo
Median rent in Elgin, IL is $382/mo higher than in Hastings, NE.
Median Home Price
Elgin, IL: $252,400 · Hastings, NE: $177,200
Median home price in Elgin, IL is $75,200 higher than in Hastings, NE.
Median Household Income
Elgin, IL: $88,316 · Hastings, NE: $61,202
Elgin, IL has a higher median household income than Hastings, NE by $27,114.
Elgin, IL overview · Hastings, NE overview · Popular comparisons