Cost of Living: Hastings, NE vs Miami Lakes, FL

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 $4,516/mo in Miami Lakes, FL. In the model, rent is about 12.5% of gross in Hastings, NE versus 29.49% in Miami Lakes, FL, so Hastings, NE tends to feel more affordable for rent.

Take-home in Hastings, NE
$4,175/mo
Income level: near
Take-home in Miami Lakes, FL
$4,516/mo
Income level: below
Rent share (1BR) in Hastings, NE
12.5%
COLI tier: mid-range
Rent share (1BR) in Miami Lakes, FL
29.49%
COLI tier: mid-range

Compare cost of living, rent, housing prices, and salary affordability between Hastings, NE and Miami Lakes, FL.

At a glance

  • Cheaper overall (lower cost-of-living index): Miami Lakes, FL
  • Lower rent (median 1BR/2BR): Hastings, NE
  • Lower home prices: Hastings, NE
  • Higher median household income: Miami Lakes, FL

Cost of Living Index

Hastings, NE: 100 (U.S. = 100) · Miami Lakes, FL: 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) · Miami Lakes, FL: $1,923/mo

Median rent in Miami Lakes, FL is $1,108/mo higher than in Hastings, NE.

Median Home Price

Hastings, NE: $177,200 · Miami Lakes, FL: $577,300

Median home price in Miami Lakes, FL is $400,100 higher than in Hastings, NE.

Median Household Income

Hastings, NE: $61,202 · Miami Lakes, FL: $97,255

Miami Lakes, FL has a higher median household income than Hastings, NE by $36,053.

Hastings, NE overview · Miami Lakes, FL overview · Popular comparisons