Cost of Living in Elk City, ID
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
117.0
100 = national avg
+17.0 vs national average
Living Wage (1 Adult)
$51,472
per year
Living Wage (Family of 4)
$121,661
per year
Cost Index by Category
Housing156.5
Food95.6
Transportation91.2
Healthcare96.5
Utilities108.7
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$799
per month
2 Bedroom
$1,049
per month
The overall cost of living index in Elk City is 117.0, which is 17.0% above the national average. Housing costs are above the national average at an index of 156.5. A single adult needs to earn approximately $51,472 per year to cover basic expenses.