Cost of Living in Elkhart, IL
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
115.1
100 = national avg
+15.1 vs national average
Living Wage (1 Adult)
$50,659
per year
Living Wage (Family of 4)
$119,739
per year
Cost Index by Category
Housing79.6
Food125.5
Transportation151.0
Healthcare120.4
Utilities111.2
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$782
per month
2 Bedroom
$988
per month
The overall cost of living index in Elkhart is 115.1, which is 15.1% above the national average. Housing costs are below the national average at an index of 79.6. A single adult needs to earn approximately $50,659 per year to cover basic expenses.