Elk Horn, IA vs Westgate, IA

Elk Horn is moderately more affordable than Westgate, with a 8.7% lower cost of living index. Elk Horn scores 62 compared to 67 for Westgate, where the US average is 100. This difference means residents of Westgate can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Elk Horn is $643/month compared to $925/month in Westgate — a 31% difference. Interestingly, home values tell a different story: while Elk Horn has cheaper rent, Westgate actually has lower median home values ($92,500 vs $125,300).

Median household income in Elk Horn is $60,000 compared to $52,188 in Westgate (+15%). 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 21.3% in Westgate.