Home / Iowa / Elkhart

Cost of Living in Elkhart, IA

Population: 680 | Iowa

92
Cost of Living Index
US Average = 100

Elkhart is 8% less expensive than the national average.

100
Housing
79
Home Values
93
Regional Price

Cost of Living in Elkhart, IA: What You Need to Know

With a cost of living index of 92, Elkhart, IA is slightly more affordable than average. Living here is 8% cheaper than the national average and 21% above the Iowa state average of 71. Elkhart is a small community of 680 residents.

The median household income in Elkhart is $81,771, which is 9% higher than the national median of $75,149.

Everyday prices in the Des Moines-West Des Moines, IA (Metropolitan Statistical Area) metro area are generally below the national average. Out of 6 common items tracked by the Bureau of Labor Statistics, 6 are priced lower than the US average. These real-world prices — from groceries to electricity — add up and should be factored into any cost of living comparison.

Data sources: US Census Bureau (ACS 2023), Zillow Home Values, HUD Fair Market Rents, BEA Regional Price Parities, BLS Average Prices, and NOAA Climate Normals. Updated monthly.

Income

Median Household Income
$81,771
vs US Median ($75,149)
+9%

Housing

Median Home Value
$241,700
Median Monthly Housing Cost
$1,332/mo

Everyday Prices in Elkhart

BLS Average Prices for the Des Moines-West Des Moines, IA (Metropolitan Statistical Area) area

$2.96
Gasoline (regular)
per gallon
-3% vs US
🥚
$2.42
Eggs (grade A, large)
per dozen
-3% vs US
🥛
$3.89
Milk (whole)
per gallon
-3% vs US
🍞
$1.79
Bread (white)
per lb
-3% vs US
🍗
$4.00
Chicken breast
per lb
-3% vs US
$0.17
Electricity
per kWh
-11% vs US

Compare Elkhart With