Cost of Living: Hastings, NE vs Waterloo, IA

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 $4,184/mo in Waterloo, IA. In the model, rent is about 12.5% of gross in Hastings, NE versus 13.06% in Waterloo, IA, so Hastings, NE tends to feel more affordable for rent.

Take-home in Hastings, NE
$4,175/mo
Income level: near
Take-home in Waterloo, IA
$4,184/mo
Income level: above
Rent share (1BR) in Hastings, NE
12.5%
COLI tier: mid-range
Rent share (1BR) in Waterloo, IA
13.06%
COLI tier: mid-range

Compare cost of living, rent, housing prices, and salary affordability between Hastings, NE and Waterloo, IA.

At a glance

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

Cost of Living Index

Hastings, NE: 100 (U.S. = 100) · Waterloo, IA: 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) · Waterloo, IA: $852/mo

Median rent in Waterloo, IA is $37/mo higher than in Hastings, NE.

Median Home Price

Hastings, NE: $177,200 · Waterloo, IA: $150,200

Median home price in Hastings, NE is $27,000 higher than in Waterloo, IA.

Median Household Income

Hastings, NE: $61,202 · Waterloo, IA: $56,344

Hastings, NE has a higher median household income than Waterloo, IA by $4,858.

Hastings, NE overview · Waterloo, IA overview · Popular comparisons