Cost of Living: Melbourne, FL vs Hastings, NE

Quick rent-and-take-home comparison

Using a baseline of $70,000/yr gross, take-home is about $4,516/mo in Melbourne, FL versus $4,175/mo in Hastings, NE. In the model, rent is about 20.55% of gross in Melbourne, FL versus 12.5% in Hastings, NE, so Hastings, NE tends to feel more affordable for rent.

Take-home in Melbourne, FL
$4,516/mo
Income level: near
Take-home in Hastings, NE
$4,175/mo
Income level: near
Rent share (1BR) in Melbourne, FL
20.55%
COLI tier: mid-range
Rent share (1BR) in Hastings, NE
12.5%
COLI tier: mid-range

Compare cost of living, rent, housing prices, and salary affordability between Melbourne, FL 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: Melbourne, FL

Cost of Living Index

Melbourne, FL: 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

Melbourne, FL: $1,341/mo (midpoint of 1BR/2BR) · Hastings, NE: $815/mo

Median rent in Melbourne, FL is $526/mo higher than in Hastings, NE.

Median Home Price

Melbourne, FL: $272,900 · Hastings, NE: $177,200

Median home price in Melbourne, FL is $95,700 higher than in Hastings, NE.

Median Household Income

Melbourne, FL: $64,504 · Hastings, NE: $61,202

Melbourne, FL has a higher median household income than Hastings, NE by $3,302.

Melbourne, FL overview · Hastings, NE overview · Popular comparisons