Elliott, IA vs Marcus, IA
Elliott, IA and Marcus, IA have a very similar cost of living, with only a 3% difference in their overall index. Elliott scores 63 while Marcus scores 65 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.
On the housing front, median rent in Elliott is $840/month compared to $637/month in Marcus — a 32% difference. Interestingly, home values tell a different story: while Marcus has cheaper rent, Elliott actually has lower median home values ($68,100 vs $174,100).
Median household income in Elliott is $65,357 compared to $75,288 in Marcus (-13.2%). While Marcus is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Elliott spend roughly 15.4% of their income on rent, more than the 10.2% in Marcus.
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