CostByCity

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.