Elk Falls, KS vs Timken, KS

Elk Falls, KS and Timken, KS have a very similar cost of living, with only a 0.3% difference in their overall index. Elk Falls scores 76 while Timken scores 76 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.

When it comes to buying, median home values in Elk Falls are $56,700 compared to $54,300 in Timken, a 4% gap.

Median household income in Elk Falls is $62,500 compared to $39,375 in Timken (+58.7%). While Elk Falls is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income.