Elk Horn, IA Cost of Living


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United States / Iowa / No Metro Area / Shelby County / Elk Horn / Zip Codes

Elk Horn cost of living score
76.5
Less expensive
23.5% lower
than the US average
4.5% lower
than the Iowa average
Elk Horn, Iowa gets a BestPlaces Cost of Living score of 76.5, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 23.5% lower than the U.S. average and 4.5% higher than the average for Iowa.

Elk Horn, IA

Housing costs in Elk Horn?
A typical home costs $167,200, which is 50.5% less expensive than the national average of $338,100 and 14.2% less expensive than the average Iowa home, at $194,900. Renting a two-bedroom unit in Elk Horn costs $800 per month, which is 44.1% cheaper than the national average of $1,430 and 16.3% cheaper than the state average of $930.

Can I afford Elk Horn?
To live comfortably in Elk Horn, Iowa, a minimum annual income of $32,040 for a family, and $27,200 for a single person is recommended.

What does A.I. say about Elk Horn?
The cost of living in Elk Horn, IA is quite low compared to the national average. Rent prices are quite low, averaging around $650 per month for a one-bedroom apartment in the city center. Groceries and other necessities are also cheaper than the national average, making it an affordable place to live. For those looking for a rural lifestyle with low cost of living, Elk Horn is an excellent choice.
   Cost of living score
     CategoriesElk HornIowaUnited States
  76.580.1100.0
  95.594.4100
  112.0108.2100.0
  40.055.4100.0
  $167,200$194,900$338,100
  95.6%98.5%100.0%
  68.071.4100.0
  94.796.3100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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