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Elkhart, IL vs Sheldon, IL

67
Elkhart
Illinois
VS
+7.8%
62
Sheldon
Illinois

Sheldon is moderately more affordable than Elkhart, with a 7.8% lower cost of living index. Elkhart scores 67 compared to 62 for Sheldon, where the US average is 100. This difference means residents of Elkhart can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Elkhart is $768/month compared to $738/month in Sheldon — a 4% difference. Home values follow the same pattern: Sheldon is more affordable at $75,200 median vs $123,200.

Median household income in Elkhart is $98,750 compared to $43,942 in Sheldon (+124.7%). While Elkhart is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Elkhart spend roughly 9.3% of their income on rent, less than the 20.2% in Sheldon.

Climate-wise, both cities share similar average temperatures (54°F vs 51.3°F). Elkhart receives more rainfall at 38" per year compared to 37" in Sheldon.

Income & Cost

Cost of Living Index
Elkhart
67
Sheldon
62
7% cheaper
Median Household Income
Elkhart
$98,750
56% higher
Sheldon
$43,942

Housing

Median Rent
Elkhart
$768
Sheldon
$738
4% cheaper
Median Home Value
Elkhart
$123,200
Sheldon
$75,200
39% cheaper
Population
Elkhart
442
Sheldon
1,309

Salary Equivalency Calculator

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Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Elkhart 54°F
Sheldon 51.3°F
Summer High
Elkhart 87°F
Sheldon 84°F
Winter Low
Elkhart 20°F
Sheldon 18°F
Rainfall
Elkhart 38"
Sheldon 37"
Rainy Days
Elkhart 115d
Sheldon 126d