Cost of Living: Hastings, NE vs Mount Prospect, IL

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 $4,227/mo in Mount Prospect, IL. In the model, rent is about 12.5% of gross in Hastings, NE versus 21.19% in Mount Prospect, IL, so Hastings, NE tends to feel more affordable for rent.

Take-home in Hastings, NE
$4,175/mo
Income level: near
Take-home in Mount Prospect, IL
$4,227/mo
Income level: below
Rent share (1BR) in Hastings, NE
12.5%
COLI tier: mid-range
Rent share (1BR) in Mount Prospect, IL
21.19%
COLI tier: mid-range

Compare cost of living, rent, housing prices, and salary affordability between Hastings, NE and Mount Prospect, IL.

At a glance

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

Cost of Living Index

Hastings, NE: 100 (U.S. = 100) · Mount Prospect, IL: 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) · Mount Prospect, IL: $1,382/mo

Median rent in Mount Prospect, IL is $567/mo higher than in Hastings, NE.

Median Home Price

Hastings, NE: $177,200 · Mount Prospect, IL: $377,000

Median home price in Mount Prospect, IL is $199,800 higher than in Hastings, NE.

Median Household Income

Hastings, NE: $61,202 · Mount Prospect, IL: $103,911

Mount Prospect, IL has a higher median household income than Hastings, NE by $42,709.

Hastings, NE overview · Mount Prospect, IL overview · Popular comparisons