Cost of Living: Melrose, MA vs Hastings, NE
Quick rent-and-take-home comparison
Using a baseline of $70,000/yr gross, take-home is about $4,224/mo in Melrose, MA versus $4,175/mo in Hastings, NE. In the model, rent is about 28.17% of gross in Melrose, MA 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 Melrose, MA 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: Melrose, MA
Cost of Living Index
Melrose, MA: 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
Melrose, MA: $1,837/mo (midpoint of 1BR/2BR) · Hastings, NE: $815/mo
Median rent in Melrose, MA is $1,022/mo higher than in Hastings, NE.
Median Home Price
Melrose, MA: $796,100 · Hastings, NE: $177,200
Median home price in Melrose, MA is $618,900 higher than in Hastings, NE.
Median Household Income
Melrose, MA: $126,854 · Hastings, NE: $61,202
Melrose, MA has a higher median household income than Hastings, NE by $65,652.
Melrose, MA overview · Hastings, NE overview · Popular comparisons