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Elkhart, TX vs Lake Worth, TX

64
Elkhart
Texas
VS
-32.3%
94
Lake Worth
Texas

The cost of living difference between Elkhart, TX and Lake Worth, TX is dramatic. Elkhart is 32.3% cheaper than Lake Worth, a gap that translates to thousands of dollars per year in household expenses. Elkhart has a cost index of 64 while Lake Worth sits at 94, making this one of the more striking comparisons on our site. Relocating between these cities would require a serious reassessment of budget and lifestyle expectations.

On the housing front, median rent in Elkhart is $683/month compared to $1,342/month in Lake Worth — a 49% difference. Home values follow the same pattern: Elkhart is more affordable at $118,200 median vs $210,700.

Median household income in Elkhart is $65,071 compared to $83,869 in Lake Worth (-22.4%). The higher salaries in Lake Worth partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Elkhart spend roughly 12.6% of their income on rent, less than the 19.2% in Lake Worth.

Income & Cost

Cost of Living Index
Elkhart
64
32% cheaper
Lake Worth
94
Median Household Income
Elkhart
$65,071
Lake Worth
$83,869
22% higher

Housing

Median Rent
Elkhart
$683
49% cheaper
Lake Worth
$1,342
Median Home Value
Elkhart
$118,200
44% cheaper
Lake Worth
$210,700
Population
Elkhart
1,585
Lake Worth
4,667

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Elkhart
Lake Worth $3.18
US $3.07
🥚
Eggs (grade A, large)
Elkhart
Lake Worth $2.59
US $2.50
🥛
Milk (whole)
Elkhart
Lake Worth $4.17
US $4.03
🍞
Bread (white)
Elkhart
Lake Worth $1.92
US $1.85
🍗
Chicken breast
Elkhart
Lake Worth $4.29
US $4.14
Electricity
Elkhart
Lake Worth $0.18
US $0.19