Cost of Living: Hastings, NE vs Hobbs, NM
Quick rent-and-take-home comparison
Using a baseline of $70,000/yr gross, take-home is about $4,175/mo in Hastings, NE versus $4,230/mo in Hobbs, NM. In the model, rent is about 12.5% of gross in Hastings, NE versus 16.49% in Hobbs, NM, so Hastings, NE tends to feel more affordable for rent.
Compare cost of living, rent, housing prices, and salary affordability between Hastings, NE and Hobbs, NM.
At a glance
- Cheaper overall (lower cost-of-living index): Hobbs, NM
- Lower rent (median 1BR/2BR): Hastings, NE
- Lower home prices: Hastings, NE
- Higher median household income: Hobbs, NM
Cost of Living Index
Hastings, NE: 100 (U.S. = 100) · Hobbs, NM: 100 (U.S. = 100)
Both cities have the same cost-of-living index (U.S. average = 100).
Median Rent
Hastings, NE: $815/mo (midpoint of 1BR/2BR) · Hobbs, NM: $1,076/mo
Median rent in Hobbs, NM is $261/mo higher than in Hastings, NE.
Median Home Price
Hastings, NE: $177,200 · Hobbs, NM: $180,700
Median home price in Hobbs, NM is $3,500 higher than in Hastings, NE.
Median Household Income
Hastings, NE: $61,202 · Hobbs, NM: $65,691
Hobbs, NM has a higher median household income than Hastings, NE by $4,489.
Hastings, NE overview · Hobbs, NM overview · Popular comparisons