Elko cost of living index

In the event that the cost of living data was unavailable for this city, estimates based upon nearby cities were used. Each cost of living index is based on a national average of 100. If the amount is below 100, it is lower than the national average. If the amount is above 100, it is higher than the national average.
IndexElkoSouth CarolinaNational
Cost of living index8195100
IndexElkoSouth CarolinaNational
Goods & Services index98101100
Groceries index91109100
Health care index93100100
Housing index5180100
Transportation index8993100
Utilities index90104100

Did you know?

  • The cost of living in Elko is 15% lower than the South Carolina average.
  • The cost of living in Elko is 19% lower than the national average.
  • The cost of housing in Elko is 49% lower than the national average.
  • South Carolina general sales tax is 18% higher than the national average.
  • South Carolina state income tax is 100% lower than the national average.

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Compare Elko, SC Cost of living To Other Cities

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Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$18,929$1,577$442$568
Renters$11,875$990$277$356

South Carolina Sales Tax

StateGeneral Sales TaxWith Max Surtax
South Carolina6%9%

South Carolina Income Tax

StateIncome Tax (Low)Income Tax (High)
South Carolina0%7%

Goods & Services

ItemElkoNational avg.Difference
Haircut $12.00$14.5917.8%
Beauty Salon $30.00$34.6813.5%
Toothpaste $2.69$2.478.8%
Shampoo $0.99$1.023.1%
Movie $13.50$9.8736.8%
Bowling $4.99$4.3913.6%

Groceries

ItemElkoNational avg.Difference
Ground Beef $4.07$4.489.1%
Fried Chicken $1.04$1.4629.0%
Milk $2.51$2.366.5%
Potatoes $3.08$3.060.6%
Pizza $10.00$9.248.2%
Beer $7.64$8.6311.5%

Health Care

ItemElkoNational avg.Difference
Optometrist $99.00$99.780.8%
Doctor $94.00$105.0310.5%
Dentist $85.00$88.704.2%
Ibuprofen $9.99$9.416.1%
Lipitor $262.00$298.5012.2%

Housing

ItemElkoNational avg.Difference
Home Price $74,000.00$175,700.0057.9%
Avg. Mortgage Payment $735.60$1,081.0332.0%
Apartment Rent $663.00$920.0027.9%

Transportation

ItemElkoNational avg.Difference
Gasoline $1.79$2.0914.6%
Tire Balancing $44.12$45.292.6%

Utilities

ItemElkoNational avg.Difference
All Electricity$141.37$170.8017.2%
Phone $28.39$28.260.5%
Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

Nearby cities with low cost of living

City, StatePopulationCost of Living IndexNational Avg.
Blackville, SC2,32476-24%
Denmark, SC3,46783-17%
Neeses, SC29984-16%
Snelling, SC31278-22%
Hilda, SC50379-21%
Elko, SC17481-19%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Creston, NE17480-20%
Edna, CA17419090%
Milledgeville, OH17488-12%
Cannelburg, IN17486-14%
Gilboa, OH17485-15%
Elko, SC17481-19%
Source: The Elko, SC cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.