Cost of Living: Farmington Hills, MI vs Hastings, NE

Quick rent-and-take-home comparison

Using a baseline of $70,000/yr gross, take-home is about $4,268/mo in Farmington Hills, MI versus $4,175/mo in Hastings, NE. In the model, rent is about 21.5% of gross in Farmington Hills, MI versus 12.5% in Hastings, NE, so Hastings, NE tends to feel more affordable for rent.

Take-home in Farmington Hills, MI
$4,268/mo
Income level: below
Take-home in Hastings, NE
$4,175/mo
Income level: near
Rent share (1BR) in Farmington Hills, MI
21.5%
COLI tier: mid-range
Rent share (1BR) in Hastings, NE
12.5%
COLI tier: mid-range

Compare cost of living, rent, housing prices, and salary affordability between Farmington Hills, MI 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: Farmington Hills, MI

Cost of Living Index

Farmington Hills, MI: 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

Farmington Hills, MI: $1,402/mo (midpoint of 1BR/2BR) · Hastings, NE: $815/mo

Median rent in Farmington Hills, MI is $587/mo higher than in Hastings, NE.

Median Home Price

Farmington Hills, MI: $333,200 · Hastings, NE: $177,200

Median home price in Farmington Hills, MI is $156,000 higher than in Hastings, NE.

Median Household Income

Farmington Hills, MI: $101,863 · Hastings, NE: $61,202

Farmington Hills, MI has a higher median household income than Hastings, NE by $40,661.

Farmington Hills, MI overview · Hastings, NE overview · Popular comparisons