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Elma, IA vs Westgate, IA

58
Elma
Iowa
VS
-14.1%
67
Westgate
Iowa

Elma is moderately more affordable than Westgate, with a 14.1% lower cost of living index. Elma scores 58 compared to 67 for Westgate, where the US average is 100. This difference means residents of Westgate can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Elma is $668/month compared to $925/month in Westgate — a 28% difference. Home values follow the same pattern: Elma is more affordable at $71,400 median vs $92,500.

Median household income in Elma is $41,528 compared to $52,188 in Westgate (-20.4%). While Westgate is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Elma spend roughly 19.3% of their income on rent, less than the 21.3% in Westgate.

Income & Cost

Cost of Living Index
Elma
58
14% cheaper
Westgate
67
Median Household Income
Elma
$41,528
Westgate
$52,188
20% higher

Housing

Median Rent
Elma
$668
28% cheaper
Westgate
$925
Median Home Value
Elma
$71,400
23% cheaper
Westgate
$92,500
Population
Elma
618
Westgate
211

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