Cost of Living in Elk horn, IA
Housing
The housing market plays a significant role in determining the cost of living in Elk horn, IA.
- Housing Index: Data is updating
- Median Home Price is: $82,400
- Average Rent (2 BR Apartment): Data is updating
- Average Rent (2 BR House): Data is updating
When considering a move to Elk horn, IA, it's important to analyze the current market conditions reflected in the provided data. The median home price is remarkably affordable at 82400, suggesting a lower initial investment compared to many other areas. However, the housing index of 0.0 indicates potential instability or a lack of rental market data, as both average rents for a 2BR apartment and house are reported as zero. This lack of information might suggest limited availability of rental properties. Conduct further research on local amenities and population trends to aid your decision-making.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Elk horn, IA.
- Electricity Price: $14.82 USD (median by state)
- Natural Gas Price: $15.61 USD per Thousand Cubic Feet (median by state)
- Other Utilities (water, garbage, etc.): Data is updating
Living in Elk horn, IA could entail higher utility costs. Electricity costs sit at $14.82, while natural gas is priced at $15.61 per Thousand Cubic Feet — both aligning with state medians. Expect to budget about data unavailable monthly for other services like water and garbage. These utility expenses are vital considerations as they directly influence monthly living costs. Comparing these rates to other cities may help ascertain if Elk horn is a financially viable option for your relocation.