Cost of Living in Elk River, ID
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
101.4
100 = national avg
+1.4 vs national average
Living Wage (1 Adult)
$44,624
per year
Living Wage (Family of 4)
$105,476
per year
Cost Index by Category
Housing108.0
Food98.2
Transportation96.5
Healthcare98.6
Utilities100.6
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$821
per month
2 Bedroom
$1,077
per month
The overall cost of living index in Elk River is 101.4, which is 1.4% above the national average. Housing costs are above the national average at an index of 108.0. A single adult needs to earn approximately $44,624 per year to cover basic expenses.