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Elkhart, IN vs Noblesville, IN

73
Elkhart
Indiana
VS
-26.3%
98
Noblesville
Indiana

There is a significant gap in the cost of living between these two cities. Elkhart is 26.3% cheaper than Noblesville. With a cost index of 73 vs 98, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Elkhart to Noblesville should plan for substantially higher expenses across most categories.

On the housing front, median rent in Elkhart is $981/month compared to $1,284/month in Noblesville — a 24% difference. Home values follow the same pattern: Elkhart is more affordable at $126,900 median vs $321,800.

Median household income in Elkhart is $47,885 compared to $102,319 in Noblesville (-53.2%). While Noblesville 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 24.6% of their income on rent, more than the 15.1% in Noblesville.

Income & Cost

Cost of Living Index
Elkhart
73
26% cheaper
Noblesville
98
Median Household Income
Elkhart
$47,885
Noblesville
$102,319
53% higher

Housing

Median Rent
Elkhart
$981
24% cheaper
Noblesville
$1,284
Median Home Value
Elkhart
$126,900
61% cheaper
Noblesville
$321,800
Population
Elkhart
53,726
Noblesville
71,940

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Elkhart $2.91
Noblesville $2.91
US $3.07
🥚
Eggs (grade A, large)
Elkhart $2.37
Noblesville $2.37
US $2.50
🥛
Milk (whole)
Elkhart $3.82
Noblesville $3.82
US $4.03
🍞
Bread (white)
Elkhart $1.75
Noblesville $1.75
US $1.85
🍗
Chicken breast
Elkhart $3.93
Noblesville $3.93
US $4.14
Electricity
Elkhart $0.16
Noblesville $0.16
US $0.19