Cost of Living in Elkhart, IN
Cost of Living in Elkhart, IN | Compared to State Average | Compared to National Average |
---|---|---|
Housing (Buy and Rent) | 7% lower | 27% lower |
Utilities (Monthly) | 6% lower | 5% lower |
Food | 1% higher | 1% lower |
Healthcare | 25% higher | 23% higher |
Transportation | 6% higher | 2% higher |
Goods & Services | 5% higher | 1% lower |
The cost of living in Elkhart, IN is 1% higher than the state average and 7% lower than the national average. Elkhart, IN housing is 27% cheaper than the U.S average, while utilities are about 5% less pricey. When it comes to basic necessities such as food and clothing, groceries are around 1% cheaper in Elkhart, IN than in the rest of the country, while clothing costs around 1% less .
Healthcare services such as doctor check-ups and dentistry cost 23% more here compared to the U.S. average. At the same time, non-necessary expenses such as entertainment and grooming services are 1% cheaper in Elkhart, IN.
Housing is the most significant expense for most American households. The cost of living in a certain city takes into account both the price of rent and the price of a home. The average monthly rent in Elkhart is $1,101, while home prices circle around $323,847.
Both owning and renting come with utility expenses. These costs include basic services such as energy and telecommunications. In Elkhart, energy bills cost around $187.00 per month.
Food is the most important necessity and its cost varies around the country. This section includes the prices of everyday foods such as produce, meat and dairy. A bottle of milk costs about $4.95 in Elkhart, a dozen eggs go for around $4.08 and a pound of potatoes circles around $4.87.
The benchmark for this category is based on the prices of family doctor visits and specialized services such as optometry. In Elkhart, an optometry check-up costs around $112.63, while a dentist appointment is priced $167.28 on average.
Transportation expenses depend on multiple factors, with fuel being the most important. A gallon of gas is priced around $3.30 in Elkhart, while getting your tires balanced will run you about $66.26.
The cost of clothing tells you how much more or less money you need to buy basic items such as jeans, shirts or slacks in a new city. A men's shirt costs around $39.03 here. Meanwhile, a pair of women's slacks will set you back around $45.15.
The cost of entertainment and everyday services is based on common expenses in each category. For a movie ticket in Elkhart, you should budget around $10.43 a month. When it comes to personal services, a haircut usually goes for $18.26, while dry cleaning costs about $17.00.
The cost of living also takes median household income into account, so you can estimate how much more or less you could be earning in a new city by comparing it to the income in your current area. In Elkhart, the median household income is $47,885.