Clarksville, IA vs Elliott, IA
Clarksville, IA and Elliott, IA have a very similar cost of living, with only a 0.6% difference in their overall index. Clarksville scores 64 while Elliott scores 63 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.
On the housing front, median rent in Clarksville is $747/month compared to $840/month in Elliott — a 11% difference. Interestingly, home values tell a different story: while Clarksville has cheaper rent, Elliott actually has lower median home values ($68,100 vs $114,200).
Median household income in Clarksville is $55,781 compared to $65,357 in Elliott (-14.7%). Elliott offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Clarksville spend roughly 16.1% of their income on rent, more than the 15.4% in Elliott.
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