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Elizabeth, IN vs Wheatland, IN

77
Elizabeth
Indiana
VS
+32.8%
58
Wheatland
Indiana

The cost of living difference between Elizabeth, IN and Wheatland, IN is dramatic. Wheatland is 32.8% cheaper than Elizabeth, a gap that translates to thousands of dollars per year in household expenses. Elizabeth has a cost index of 77 while Wheatland sits at 58, making this one of the more striking comparisons on our site. Relocating between these cities would require a serious reassessment of budget and lifestyle expectations.

On the housing front, median rent in Elizabeth is $1,125/month compared to $683/month in Wheatland — a 65% difference. Home values follow the same pattern: Wheatland is more affordable at $58,600 median vs $127,500.

Median household income in Elizabeth is $84,750 compared to $47,500 in Wheatland (+78.4%). While Elizabeth is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Elizabeth spend roughly 15.9% of their income on rent, less than the 17.3% in Wheatland.

Income & Cost

Cost of Living Index
Elizabeth
77
Wheatland
58
25% cheaper
Median Household Income
Elizabeth
$84,750
44% higher
Wheatland
$47,500

Housing

Median Rent
Elizabeth
$1,125
Wheatland
$683
39% cheaper
Median Home Value
Elizabeth
$127,500
Wheatland
$58,600
54% cheaper
Population
Elizabeth
126
Wheatland
352

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Elizabeth $2.89
Wheatland
US $3.07
🥚
Eggs (grade A, large)
Elizabeth $2.36
Wheatland
US $2.50
🥛
Milk (whole)
Elizabeth $3.80
Wheatland
US $4.03
🍞
Bread (white)
Elizabeth $1.75
Wheatland
US $1.85
🍗
Chicken breast
Elizabeth $3.91
Wheatland
US $4.14
Electricity
Elizabeth $0.15
Wheatland
US $0.19