Elliott, IA vs Matlock, IA

There is a significant gap in the cost of living between these two cities. Elliott is 19.9% cheaper than Matlock. With a cost index of 63 vs 79, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Elliott to Matlock should plan for substantially higher expenses across most categories.

When it comes to buying, median home values in Elliott are $68,100 compared to $89,700 in Matlock, a 24% gap.

Median household income in Elliott is $65,357 compared to $81,771 in Matlock (-20.1%). While Matlock is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income.