Bloomfield, IA vs Elk Run Heights, IA

There is a significant gap in the cost of living between these two cities. Bloomfield is 15.6% cheaper than Elk Run Heights. With a cost index of 70 vs 83, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Bloomfield to Elk Run Heights should plan for substantially higher expenses across most categories.

On the housing front, median rent in Bloomfield is $918/month compared to $1,250/month in Elk Run Heights — a 27% difference. Home values follow the same pattern: Bloomfield is more affordable at $122,600 median vs $169,400.

Median household income in Bloomfield is $61,679 compared to $68,828 in Elk Run Heights (-10.4%). The higher salaries in Elk Run Heights partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Bloomfield spend roughly 17.9% of their income on rent, less than the 21.8% in Elk Run Heights.