Cost of Living: Cedar Falls, 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 Cedar Falls, IA versus $4,175/mo in Hastings, NE. In the model, rent is about 17.14% of gross in Cedar Falls, IA versus 12.5% in Hastings, NE, so Hastings, NE tends to feel more affordable for rent.

Take-home in Cedar Falls, IA
$4,184/mo
Income level: near
Take-home in Hastings, NE
$4,175/mo
Income level: near
Rent share (1BR) in Cedar Falls, IA
17.14%
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 Cedar Falls, 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: Hastings, NE
  • Higher median household income: Cedar Falls, IA

Cost of Living Index

Cedar Falls, 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

Cedar Falls, IA: $1,118/mo (midpoint of 1BR/2BR) · Hastings, NE: $815/mo

Median rent in Cedar Falls, IA is $303/mo higher than in Hastings, NE.

Median Home Price

Cedar Falls, IA: $252,500 · Hastings, NE: $177,200

Median home price in Cedar Falls, IA is $75,300 higher than in Hastings, NE.

Median Household Income

Cedar Falls, IA: $74,165 · Hastings, NE: $61,202

Cedar Falls, IA has a higher median household income than Hastings, NE by $12,963.

Cedar Falls, IA overview · Hastings, NE overview · Popular comparisons