Cost of Living: Inver Grove Heights, MN vs Hastings, NE
Quick rent-and-take-home comparison
Using a baseline of $70,000/yr gross, take-home is about $4,119/mo in Inver Grove Heights, MN versus $4,175/mo in Hastings, NE. In the model, rent is about 21.09% of gross in Inver Grove Heights, MN versus 12.5% in Hastings, NE, so Hastings, NE tends to feel more affordable for rent.
Compare cost of living, rent, housing prices, and salary affordability between Inver Grove Heights, MN and Hastings, NE.
At a glance
- Cheaper overall (lower cost-of-living index): Hastings, NE
- Lower rent (median 1BR/2BR): Hastings, NE
- Lower home prices: Hastings, NE
- Higher median household income: Inver Grove Heights, MN
Cost of Living Index
Inver Grove Heights, MN: 100 (U.S. = 100) · Hastings, NE: 100 (U.S. = 100)
Both cities have the same cost-of-living index (U.S. average = 100).
Median Rent
Inver Grove Heights, MN: $1,375/mo (midpoint of 1BR/2BR) · Hastings, NE: $815/mo
Median rent in Inver Grove Heights, MN is $560/mo higher than in Hastings, NE.
Median Home Price
Inver Grove Heights, MN: $352,300 · Hastings, NE: $177,200
Median home price in Inver Grove Heights, MN is $175,100 higher than in Hastings, NE.
Median Household Income
Inver Grove Heights, MN: $104,055 · Hastings, NE: $61,202
Inver Grove Heights, MN has a higher median household income than Hastings, NE by $42,853.
Inver Grove Heights, MN overview · Hastings, NE overview · Popular comparisons