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Cushing, IA vs Elk Horn, IA

58
Cushing
Iowa
VS
-6.5%
62
Elk Horn
Iowa

Cushing is moderately more affordable than Elk Horn, with a 6.5% lower cost of living index. Cushing scores 58 compared to 62 for Elk Horn, where the US average is 100. This difference means residents of Elk Horn can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Cushing is $725/month compared to $643/month in Elk Horn — a 13% difference. Interestingly, home values tell a different story: while Elk Horn has cheaper rent, Cushing actually has lower median home values ($57,700 vs $125,300).

Median household income in Cushing is $70,139 compared to $60,000 in Elk Horn (+16.9%). Cushing offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Cushing spend roughly 12.4% of their income on rent, less than the 12.9% in Elk Horn.

Income & Cost

Cost of Living Index
Cushing
58
6% cheaper
Elk Horn
62
Median Household Income
Cushing
$70,139
14% higher
Elk Horn
$60,000

Housing

Median Rent
Cushing
$725
Elk Horn
$643
11% cheaper
Median Home Value
Cushing
$57,700
54% cheaper
Elk Horn
$125,300
Population
Cushing
213
Elk Horn
623

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Cushing $2.97
Elk Horn
US $3.07
🥚
Eggs (grade A, large)
Cushing $2.42
Elk Horn
US $2.50
🥛
Milk (whole)
Cushing $3.89
Elk Horn
US $4.03
🍞
Bread (white)
Cushing $1.79
Elk Horn
US $1.85
🍗
Chicken breast
Cushing $4.01
Elk Horn
US $4.14
Electricity
Cushing $0.16
Elk Horn
US $0.19