Cost of Living: Hastings, NE vs Torrance, CA
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 $3,974/mo in Torrance, CA. In the model, rent is about 12.5% of gross in Hastings, NE versus 32.26% in Torrance, CA, so Hastings, NE tends to feel more affordable for rent.
Compare cost of living, rent, housing prices, and salary affordability between Hastings, NE and Torrance, CA.
At a glance
- Cheaper overall (lower cost-of-living index): Torrance, CA
- Lower rent (median 1BR/2BR): Hastings, NE
- Lower home prices: Hastings, NE
- Higher median household income: Torrance, CA
Cost of Living Index
Hastings, NE: 100 (U.S. = 100) · Torrance, CA: 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) · Torrance, CA: $2,104/mo
Median rent in Torrance, CA is $1,289/mo higher than in Hastings, NE.
Median Home Price
Hastings, NE: $177,200 · Torrance, CA: $1,036,600
Median home price in Torrance, CA is $859,400 higher than in Hastings, NE.
Median Household Income
Hastings, NE: $61,202 · Torrance, CA: $113,105
Torrance, CA has a higher median household income than Hastings, NE by $51,903.
Hastings, NE overview · Torrance, CA overview · Popular comparisons