Cost of Living: Waterloo, IA vs Hastings, NE

Quick rent-and-take-home comparison

Using a baseline of $70,000/yr gross, take-home is about $4,184/mo in Waterloo, IA versus $4,175/mo in Hastings, NE. In the model, rent is about 13.06% of gross in Waterloo, IA versus 12.5% in Hastings, NE, so Hastings, NE tends to feel more affordable for rent.

Take-home in Waterloo, IA
$4,184/mo
Income level: above
Take-home in Hastings, NE
$4,175/mo
Income level: near
Rent share (1BR) in Waterloo, IA
13.06%
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 Waterloo, IA 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: Waterloo, IA
  • Higher median household income: Hastings, NE

Cost of Living Index

Waterloo, IA: 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

Waterloo, IA: $852/mo (midpoint of 1BR/2BR) · Hastings, NE: $815/mo

Median rent in Waterloo, IA is $37/mo higher than in Hastings, NE.

Median Home Price

Waterloo, IA: $150,200 · Hastings, NE: $177,200

Median home price in Hastings, NE is $27,000 higher than in Waterloo, IA.

Median Household Income

Waterloo, IA: $56,344 · Hastings, NE: $61,202

Hastings, NE has a higher median household income than Waterloo, IA by $4,858.

Waterloo, IA overview · Hastings, NE overview · Popular comparisons