Cost of Living in Hastings, IA
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
96.8
100 = national avg
-3.2 vs national average
Living Wage (1 Adult)
$42,574
per year
Living Wage (Family of 4)
$100,630
per year
Cost Index by Category
Housing57.8
Food112.5
Transportation133.5
Healthcare110.0
Utilities99.0
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,148
per month
2 Bedroom
$1,368
per month
The overall cost of living index in Hastings is 96.8, which is 3.2% below the national average. Housing costs are below the national average at an index of 57.8. A single adult needs to earn approximately $42,574 per year to cover basic expenses.