Cost of living in Eldridge research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Eldridge is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in Iowa, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:
The cost of living index in Eldridge is 100, with 100 being the average.
The cost of living index in Eldridge is 1.0x lower than the national average.
Eldridge ranks as the #74 cheapest in Iowa out of 80.
Eldridge ranks as the #3,149 cheapest out of 6,412 in the US.
The median home value in Eldridge is $267,800.
The median income in Eldridge is $74,949.
According to the most recent data on the cost of living, Eldridge has an overall cost of living index of 100, which is 1.0x lower than the national index of 100.
Compared to Iowa, Eldridge has a cost of living index that's 1.1x higher than Iowa's index of 89.
The standard of living in Eldridge ranks as #74 most affordable out of the 80 places we measured in Iowa. By definition, that implies Eldridge ranks as the #6 most expensive place in the Hawkeye State.
For more reading on life in Eldridge, check out:
Six factors go into calculating the cost of living index in Eldridge. Here is how it fairs on each of the criteria:
The Services index in Eldridge is 95.
The Groceries index in Eldridge is 101.
The Health index in Eldridge is 109.
The Housing index in Eldridge is 101.
The Transportation index in Eldridge is 105.
The Utilities index in Eldridge is 92.
Living Expense | Eldridge | Iowa | National Average | |
---|---|---|---|---|
Overall | 100 | 89 | 100 | |
Services | 95 | 95 | 100 | |
Groceries | 101 | 98 | 100 | |
Health | 109 | 99 | 100 | |
Housing | 101 | 73 | 100 | |
Transportation | 105 | 98 | 100 | |
Utilities | 92 | 94 | 100 |
Housing swings affordability the most between places in Iowa, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2017-2021. The key points are:
The Median Home Value in Eldridge is $267,800.
The Median Rent in Eldridge is $800.
The Median Income in Eldridge is $74,949.
The Home Value To Income in Eldridge is 3.6x.
The Rent To Monthly Income in Eldridge is 0.13x.
Statistic | Eldridge | Iowa | United States |
---|---|---|---|
Median Home Value | $267,800 | $160,700 | $244,900 |
Median Rent | $800 | $845 | $1,163 |
Median Income | $74,949 | $65,429 | $69,021 |
Home Value To Income | 3.6x | 2.5x | 3.5x |
Rent To Monthly Income | 0.13x | 0.15x | 0.2x |
The cost of living varies in the cities and towns around Eldridge. Here's a quick look at the cost of living in the most populous nearby places:
Davenport, IA has a cost of living index of 91, 0.9x Eldridge.
Moline, IL has a cost of living index of 90, 0.9x Eldridge.
Bettendorf, IA has a cost of living index of 97, 1.0x Eldridge.
City | Population | Cost Of Living | Vs. Eldridge |
---|---|---|---|
Davenport, IA | 101,725 | 91 | 0.9x |
Moline, IL | 42,660 | 90 | 0.9x |
Bettendorf, IA | 38,631 | 97 | 1.0x |
Rock Island, IL | 37,519 | 85 | 0.8x |
East Moline, IL | 21,181 | 88 | 0.9x |
Silvis, IL | 7,942 | 87 | 0.9x |
Colona, IL | 5,339 | 87 | 0.9x |
Milan, IL | 5,096 | 84 | 0.8x |