Cost of Living in Elkport, IA
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
50.8
100 = national avg
-49.2 vs national average
Living Wage (1 Adult)
$22,346
per year
Living Wage (Family of 4)
$52,819
per year
Cost Index by Category
Housing38.6
Food70.2
Transportation40.4
Healthcare76.2
Utilities69.9
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 Elkport is 50.8, which is 49.2% below the national average. Housing costs are below the national average at an index of 38.6. A single adult needs to earn approximately $22,346 per year to cover basic expenses.