Cost of Living in Elkhart, IN
2024 data from the Bureau of Economic Analysis
Cost Index
90.3
9.7% below avg
Housing Index
64.3
Median Income
$63,978
Median Rent
$945/mo
Cost Breakdown
Overall90.3 (-9.7%)
Housing64.3 (-35.7%)
Goods94.3 (-5.7%)
Utilities86.4 (-13.6%)
Other Services99.1 (-0.9%)
National average = 100
Income & Housing
Median Household Income
$63,978/year
Median Home Value
$181,800
Median Monthly Rent
$945/mo
Per Capita Income
$30,708/year
Compare Elkhart, IN With
Frequently Asked Questions
Is Elkhart, IN expensive to live in?
Elkhart, IN has a cost of living index of 90.3, which is 9.7% below the national average.
How much does housing cost in Elkhart, IN?
Housing costs in Elkhart, IN are indexed at 64.3 compared to the national average of 100. The median monthly rent is $945.
What is the average income in Elkhart, IN?
The median household income in Elkhart, IN is $63,978 per year.
What is the average home price in Elkhart, IN?
The median home value in Elkhart, IN is $181,800.