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Bennett, IA vs Elkader, IA

73
Bennett
Iowa
VS
+6.8%
69
Elkader
Iowa

Elkader is moderately more affordable than Bennett, with a 6.8% lower cost of living index. Bennett scores 73 compared to 69 for Elkader, where the US average is 100. This difference means residents of Bennett can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Bennett is $1,000/month compared to $851/month in Elkader — a 18% difference. Home values follow the same pattern: Elkader is more affordable at $134,300 median vs $135,800.

Median household income in Bennett is $65,714 compared to $61,786 in Elkader (+6.4%). The higher salaries in Bennett partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Bennett spend roughly 18.3% of their income on rent, more than the 16.5% in Elkader.

Income & Cost

Cost of Living Index
Bennett
73
Elkader
69
6% cheaper
Median Household Income
Bennett
$65,714
6% higher
Elkader
$61,786

Housing

Median Rent
Bennett
$1,000
Elkader
$851
15% cheaper
Median Home Value
Bennett
$135,800
Elkader
$134,300
1% cheaper
Population
Bennett
418
Elkader
1,249

Salary Equivalency Calculator

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