Elkport, IA Cost of Living


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United States / Iowa / No Metro Area / Clayton County / Elkport / Zip Codes

Elkport cost of living score
76.7
Less expensive
23.3% lower
than the US average
4.2% lower
than the Iowa average
Elkport, Iowa gets a BestPlaces Cost of Living score of 76.7, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 23.3% lower than the U.S. average and 4.2% higher than the average for Iowa.

Elkport, IA

Housing costs in Elkport?
A typical home costs $74,600, which is 77.9% less expensive than the national average of $338,100 and 61.7% less expensive than the average Iowa home, at $194,900. Renting a two-bedroom unit in Elkport costs $780 per month, which is 45.5% cheaper than the national average of $1,430 and 19.2% cheaper than the state average of $930.

Can I afford Elkport?
To live comfortably in Elkport, Iowa, a minimum annual income of $14,400 for a family, and $23,600 for a single person is recommended.

What does A.I. say about Elkport?
The cost of living in Elkport, IA is quite affordable. The median home price is around $100,000, and housing expenses are relatively low. Utility costs are also lower than most areas in the state due to its rural setting. Grocery prices and other basic essentials tend to be a bit higher than other communities in the region, but overall, Elkport is an affordable place to live. There are a variety of job opportunities available as well, allowing residents to have more disposable income to stretch their dollar even further. With all these factors taken into account, it’s easy to see why Elkport has become such a desirable place to settle down for those looking for a more laid-back lifestyle on a budget.
   Cost of living score
     CategoriesElkportIowaUnited States
  76.780.1100.0
  96.494.4100
  105.2108.2100.0
  24.355.4100.0
  $74,600$194,900$338,100
  103.9%98.5%100.0%
  72.371.4100.0
  85.996.3100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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