Cost of Living in Elkader, IA
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
93.0
100 = national avg
-7.0 vs national average
Living Wage (1 Adult)
$40,936
per year
Living Wage (Family of 4)
$96,758
per year
Cost Index by Category
Housing87.9
Food97.2
Transportation94.4
Healthcare97.8
Utilities95.9
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$700
per month
2 Bedroom
$919
per month
The overall cost of living index in Elkader is 93.0, which is 7.0% below the national average. Housing costs are below the national average at an index of 87.9. A single adult needs to earn approximately $40,936 per year to cover basic expenses.