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Cushing, IA vs Elma, IA

58
Cushing
Iowa
VS
-0.6%
58
Elma
Iowa

Cushing, IA and Elma, IA have a very similar cost of living, with only a 0.6% difference in their overall index. Cushing scores 58 while Elma scores 58 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 Cushing is $725/month compared to $668/month in Elma — a 9% difference. Interestingly, home values tell a different story: while Elma has cheaper rent, Cushing actually has lower median home values ($57,700 vs $71,400).

Median household income in Cushing is $70,139 compared to $41,528 in Elma (+68.9%). 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 19.3% in Elma.

Income & Cost

Cost of Living Index
Cushing
58
1% cheaper
Elma
58
Median Household Income
Cushing
$70,139
41% higher
Elma
$41,528

Housing

Median Rent
Cushing
$725
Elma
$668
8% cheaper
Median Home Value
Cushing
$57,700
19% cheaper
Elma
$71,400
Population
Cushing
213
Elma
618

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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