Elkhart, IN Cost Of Living

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Updated: 2020-03-08
Elkhart's Overall Cost Of Living
Lower Than The National Average
The cost of living index is set to 100 for the average place in America. An index above 100 means Elkhart is expensive, while a number below 100 means it's a relatively cheap place to live.

What is the cost of living in Elkhart, IN?

According to the most recent data on the cost of living, Elkhart has an overall cost of living index of 87 which is 0.9x lower than the national index of 100.

Compared to only Indiana, Elkhart has a cost of living index that's 1.0x lower than Indiana's index of 89.

The standard of living in Elkhart ranks as #1128 most affordable out of the 6522 places we measured in Indiana. By definition, that implies Elkhart ranks as the #5279 most expensive place in the Hoosier State.

For more reading on life in Elkhart, check out:

Elkhart Cost Of Living Vs. Indiana

Living Expense Elkhart Indiana National Average
Overall 87 89 100
Services 106 97 100
Groceries 98 92 100
Health 104 94 100
Housing 55 72 100
Transportation 98 100 100
Utilities 94 99 100
For more reading on cost of living around Indiana, check out:
Elkhart Cost of Living Vs. IN

Elkhart, IN Housing Cost Breakdown

Housing swings affordability the most between places in Indiana, so we broke down the statistics around housing costs into more detail. It's also important to consider median household incomes to make apples-to-apples comparisons across locations.

Home and income come data comes from the most recent US Census ACS 2014-2018.

Median Home Value
Median Rent
Median Income
Statistic Elkhart Indiana United States
Median Home Value $93,800 $135,400 $204,900
Median Rent $748 $807 $1,023
Median Income $40,440 $54,325 $60,293
Home Value To Income 2.3x 2.5x 3.4x
Rent To Monthly Income 0.22x 0.18x 0.2x

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Cost Of Living In Cities Around Elkhart

City Population Cost Of Living Vs. Elkhart
Mishawaka, IN 48,926 88 1.0x
Goshen, IN 33,915 91 1.0x
Granger, IN 30,815 107 1.2x
Niles, MI 11,265 85 1.0x
Nappanee, IN 6,872 90 1.0x
Dunlap, IN 6,115 95 1.1x
Simonton Lake, IN 5,121 94 1.1x

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