Cost of Living: Hastings, NE vs South Valley, 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 South Valley, NM. In the model, rent is about 12.5% of gross in Hastings, NE versus 13.73% in South Valley, 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 South Valley, NM.
At a glance
- Cheaper overall (lower cost-of-living index): South Valley, NM
- Lower rent (median 1BR/2BR): Hastings, NE
- Lower home prices: Hastings, NE
- Higher median household income: Hastings, NE
Cost of Living Index
Hastings, NE: 100 (U.S. = 100) · South Valley, 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) · South Valley, NM: $895/mo
Median rent in South Valley, NM is $80/mo higher than in Hastings, NE.
Median Home Price
Hastings, NE: $177,200 · South Valley, NM: $205,200
Median home price in South Valley, NM is $28,000 higher than in Hastings, NE.
Median Household Income
Hastings, NE: $61,202 · South Valley, NM: $51,062
Hastings, NE has a higher median household income than South Valley, NM by $10,140.
Hastings, NE overview · South Valley, NM overview · Popular comparisons