Cost of Living: Mount Prospect, IL vs Hastings, NE

Quick rent-and-take-home comparison

Using a baseline of $70,000/yr gross, take-home is about $4,227/mo in Mount Prospect, IL versus $4,175/mo in Hastings, NE. In the model, rent is about 21.19% of gross in Mount Prospect, IL versus 12.5% in Hastings, NE, so Hastings, NE tends to feel more affordable for rent.

Take-home in Mount Prospect, IL
$4,227/mo
Income level: below
Take-home in Hastings, NE
$4,175/mo
Income level: near
Rent share (1BR) in Mount Prospect, IL
21.19%
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 Mount Prospect, IL 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: Mount Prospect, IL

Cost of Living Index

Mount Prospect, IL: 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

Mount Prospect, IL: $1,382/mo (midpoint of 1BR/2BR) · Hastings, NE: $815/mo

Median rent in Mount Prospect, IL is $567/mo higher than in Hastings, NE.

Median Home Price

Mount Prospect, IL: $377,000 · Hastings, NE: $177,200

Median home price in Mount Prospect, IL is $199,800 higher than in Hastings, NE.

Median Household Income

Mount Prospect, IL: $103,911 · Hastings, NE: $61,202

Mount Prospect, IL has a higher median household income than Hastings, NE by $42,709.

Mount Prospect, IL overview · Hastings, NE overview · Popular comparisons