Cost of Living: Lakeville, 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 Lakeville, MN versus $4,175/mo in Hastings, NE. In the model, rent is about 25.17% of gross in Lakeville, 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 Lakeville, 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: Lakeville, MN
Cost of Living Index
Lakeville, 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
Lakeville, MN: $1,641/mo (midpoint of 1BR/2BR) · Hastings, NE: $815/mo
Median rent in Lakeville, MN is $826/mo higher than in Hastings, NE.
Median Home Price
Lakeville, MN: $425,200 · Hastings, NE: $177,200
Median home price in Lakeville, MN is $248,000 higher than in Hastings, NE.
Median Household Income
Lakeville, MN: $138,119 · Hastings, NE: $61,202
Lakeville, MN has a higher median household income than Hastings, NE by $76,917.
Lakeville, MN overview · Hastings, NE overview · Popular comparisons