Elwood, KS vs New Strawn, KS

Elwood is moderately more affordable than New Strawn, with a 5.9% lower cost of living index. Elwood scores 65 compared to 69 for New Strawn, where the US average is 100. This difference means residents of New Strawn can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Elwood is $883/month compared to $819/month in New Strawn — a 8% difference. Interestingly, home values tell a different story: while New Strawn has cheaper rent, Elwood actually has lower median home values ($90,000 vs $157,500).

Median household income in Elwood is $66,364 compared to $110,000 in New Strawn (-39.7%). While New Strawn is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Elwood spend roughly 16% of their income on rent, more than the 8.9% in New Strawn.