Cost of Living: South Valley, 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 South Valley, NM versus $4,175/mo in Hastings, NE. In the model, rent is about 13.73% of gross in South Valley, NM 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 South Valley, NM 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: Hastings, NE
Cost of Living Index
South Valley, 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
South Valley, NM: $895/mo (midpoint of 1BR/2BR) · Hastings, NE: $815/mo
Median rent in South Valley, NM is $80/mo higher than in Hastings, NE.
Median Home Price
South Valley, NM: $205,200 · Hastings, NE: $177,200
Median home price in South Valley, NM is $28,000 higher than in Hastings, NE.
Median Household Income
South Valley, NM: $51,062 · Hastings, NE: $61,202
Hastings, NE has a higher median household income than South Valley, NM by $10,140.
South Valley, NM overview · Hastings, NE overview · Popular comparisons