Elliott, IA vs Fayette, IA

Elliott is moderately more affordable than Fayette, with a 10.8% lower cost of living index. Elliott scores 63 compared to 71 for Fayette, where the US average is 100. This difference means residents of Fayette can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Elliott is $840/month compared to $963/month in Fayette — a 13% difference. Home values follow the same pattern: Elliott is more affordable at $68,100 median vs $123,300.

Median household income in Elliott is $65,357 compared to $39,297 in Fayette (+66.3%). Elliott offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Elliott spend roughly 15.4% of their income on rent, less than the 29.4% in Fayette.