Cost of Living: Milford city (balance), CT vs Hastings, NE

Quick rent-and-take-home comparison

Using a baseline of $70,000/yr gross, take-home is about $4,108/mo in Milford city (balance), CT versus $4,175/mo in Hastings, NE. In the model, rent is about 26.52% of gross in Milford city (balance), CT versus 12.5% in Hastings, NE, so Hastings, NE tends to feel more affordable for rent.

Take-home in Milford city (balance), CT
$4,108/mo
Income level: below
Take-home in Hastings, NE
$4,175/mo
Income level: near
Rent share (1BR) in Milford city (balance), CT
26.52%
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 Milford city (balance), CT 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: Milford city (balance), CT

Cost of Living Index

Milford city (balance), CT: 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

Milford city (balance), CT: $1,729/mo (midpoint of 1BR/2BR) · Hastings, NE: $815/mo

Median rent in Milford city (balance), CT is $914/mo higher than in Hastings, NE.

Median Home Price

Milford city (balance), CT: $377,400 · Hastings, NE: $177,200

Median home price in Milford city (balance), CT is $200,200 higher than in Hastings, NE.

Median Household Income

Milford city (balance), CT: $110,126 · Hastings, NE: $61,202

Milford city (balance), CT has a higher median household income than Hastings, NE by $48,924.

Milford city (balance), CT overview · Hastings, NE overview · Popular comparisons