Cost of Living in Elkhorn, WI
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
114.9
100 = national avg
+14.9 vs national average
Living Wage (1 Adult)
$50,563
per year
Living Wage (Family of 4)
$119,514
per year
Cost Index by Category
Housing126.3
Food105.8
Transportation111.7
Healthcare104.7
Utilities108.8
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$919
per month
2 Bedroom
$1,206
per month
The overall cost of living index in Elkhorn is 114.9, which is 14.9% above the national average. Housing costs are above the national average at an index of 126.3. A single adult needs to earn approximately $50,563 per year to cover basic expenses.