Cost of Living in Elgin, OH
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
101.9
100 = national avg
+1.9 vs national average
Living Wage (1 Adult)
$44,842
per year
Living Wage (Family of 4)
$105,990
per year
Cost Index by Category
Housing63.1
Food117.5
Transportation135.0
Healthcare114.0
Utilities103.1
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$762
per month
2 Bedroom
$973
per month
The overall cost of living index in Elgin is 101.9, which is 1.9% above the national average. Housing costs are below the national average at an index of 63.1. A single adult needs to earn approximately $44,842 per year to cover basic expenses.