Cost of Living: Roswell, NM vs Hastings, NE

Quick rent-and-take-home comparison

Using a baseline of $70,000/yr gross, take-home is about $4,230/mo in Roswell, NM versus $4,175/mo in Hastings, NE. In the model, rent is about 12.24% of gross in Roswell, NM versus 12.5% in Hastings, NE, so Roswell, NM tends to feel more affordable for rent.

Take-home in Roswell, NM
$4,230/mo
Income level: above
Take-home in Hastings, NE
$4,175/mo
Income level: near
Rent share (1BR) in Roswell, NM
12.24%
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 Roswell, NM and Hastings, NE.

At a glance

  • Cheaper overall (lower cost-of-living index): Hastings, NE
  • Lower rent (median 1BR/2BR): Roswell, NM
  • Lower home prices: Roswell, NM
  • Higher median household income: Hastings, NE

Cost of Living Index

Roswell, NM: 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

Roswell, NM: $798/mo (midpoint of 1BR/2BR) · Hastings, NE: $815/mo

Median rent in Hastings, NE is $17/mo higher than in Roswell, NM.

Median Home Price

Roswell, NM: $139,200 · Hastings, NE: $177,200

Median home price in Hastings, NE is $38,000 higher than in Roswell, NM.

Median Household Income

Roswell, NM: $50,294 · Hastings, NE: $61,202

Hastings, NE has a higher median household income than Roswell, NM by $10,908.

Roswell, NM overview · Hastings, NE overview · Popular comparisons