Elk Horn, IA vs Leland, IA

Elk Horn, IA and Leland, IA have a very similar cost of living, with only a 4.3% difference in their overall index. Elk Horn scores 62 while Leland scores 64 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 Elk Horn is $643/month compared to $860/month in Leland — a 25% difference. Interestingly, home values tell a different story: while Elk Horn has cheaper rent, Leland actually has lower median home values ($79,200 vs $125,300).

Median household income in Elk Horn is $60,000 compared to $52,500 in Leland (+14.3%). Elk Horn offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Elk Horn spend roughly 12.9% of their income on rent, less than the 19.7% in Leland.