Cost of living in Elk River

In Elk River, United States, living costs about $2416 per month for one person and $5143 for a family of four, including rent.

How expensive is Elk River compared to other cities?

Overall living costs in Elk River are 69% more expensive than the European benchmark.

How does Elk River compare to your city?

Elk River is 26% more expensive than Columbus, without rent.

Rent in Elk River is, on average, 15% higher than in Columbus.

What drives the cost of living in Elk River?

Who is Elk River a good fit for?

Elk River is a better match for people who prioritize lifestyle benefits and can afford the premium driven by rent & utilities and food. For most moderate-income households, housing costs are the main barrier.

FAQ

Why is Elk River so expensive?

The primary reason for the high cost of living in Elk River is the significant expense associated with rent and utilities. This factor greatly influences overall living expenses.

Is food expensive in Elk River?

Yes, food costs are 37% higher than the European benchmark, contributing to the overall expense of living in the city.

Is public transport affordable in Elk River?

Public transport in Elk River is 11% lower than the European benchmark, making it relatively more affordable compared to other expenses.

Cost of living breakdown

Cost of Living, one person, including rent
2416 $
Without Rent
854 $
Rent & Utilities
1562 $
Food
652 $
Transport
67 $
Monthly Salary, after tax
5013 $
GDP per Capita
81,695 $
Freedom Index
8.39
Lifespan
77 years
Speak English
96%
Population
25.8K

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Restaurants

Lunch menu, inexpensive restaurant 18.4 $
Dinner 82 $
Fast food, McDonalds or KFC 11.3 $
Beer, 0.5 L or 16 fl oz 6.83 $
Capuccino 5.23 $
Coke, 330ml 2.62 $

Compare Elk River with:

Markets

Milk, 1 L or 1 qt 1.18 $
Bread, 0.5 kg or 1 lb 3.86 $
Rice, 1 kg or 2 lb 4.63 $
Eggs, 12 pack 3.95 $
Cheese, 1 kg or 2 lb 12.5 $
Chicken Breast, 1 kg or 2 lb 11.9 $
Round Steak, 1 kg or 2 lb 14.1 $
Apples, 1 kg or 2 lb 5.48 $
Banana, 1 kg or 2 lb 2.49 $
Oranges, 1 kg or 2 lb 6.12 $
Tomato, 1 kg or 2 lb 5.58 $
Potato, 1 kg or 2.2 lb 3.33 $
Onion, 1 kg or 2.2 lb 3.09 $
Water, 1 L or 1 qt 1.52 $
Coca-Cola / Pepsi, 2 L or 67.6 fl oz 2.21 $
Wine, 750 mL bottle 14.1 $
Beer, 0.5 L or 16 fl oz 2.04 $
Cigarette pack 11 $

Transportation

One-way Ticket 2.29 $
Monthly Pass 81.2 $
Gas or Petrol, 1l or 0.26 gal 0.97 $
Taxi, 8 km 19.2 $

Personal Care

Doctor Visit, private clinic 101 $
Cold medicine, for 1 week 8.29 $
Hair Shampoo, 400 ml or 12 oz. 5.14 $
Toilet paper, 4 rolls 3.41 $
Toothpaste, 1 tube 1.92 $

Utilities per Month

1 person, electricity, heating, water & garbage 98 $
Family of 4, electricity, heating, water & garbage 150 $
Internet plan, +60 Mbps 65.9 $

Rent per Month

1 Bedroom Apartment, outside of center, 40 sq.m 1,186 $
3 Bedroom Apartment, outside of center, 85 sq.m 1,971 $
1 Bedroom Apartment, in city center, 40 sq.m 2,245 $
3 Bedroom Apartment, in city center, 85 sq.m 2,290 $

Buy Apartment Price

Price per Square Meter to Buy Apartment, in city center 2,767 $
Price per Square Meter to Buy House, in suburbs 2,351 $

Salaries and Financing

Average Monthly Net Salary, after tax 5,013 $
Mortgage Interest Rate, for 20 years fixed-rate 6.48%

Sports and Leisure

Fitness Club, Monthly Fee for 1 Adult 40 $
Cinema, 1 seat 15.5 $
Haircut 15.7 $

Clothing and Shoes

Brand Sneakers, mid-range, Nike or similar 63.7 $
Brand Jeans, Levis 501 35.9 $

Childcare

Preschool, full day, monthly for 1 child 1,55 $
International Primary School, yearly for 1 child 19,808 $

Compare Elk River with other top cities

Cayman Islands
Elk River vs George Town (George Town is 51% more expensive)
Bahamas
Elk River vs Nassau (Nassau is 14% more expensive) Elk River vs Freeport (Freeport is 9% less expensive)
Vanuatu
Elk River vs Port Vila (Port Vila is 3% less expensive) Elk River vs Luganville (Luganville is 26% more expensive)
United States
Elk River vs New York City (New York City is 68% more expensive) Elk River vs Los Angeles (Los Angeles is 32% more expensive) Elk River vs Chicago (Chicago is 10% more expensive) Elk River vs Houston (Houston is 7% less expensive) Elk River vs Phoenix (Phoenix is 2% less expensive) Elk River vs Philadelphia (Philadelphia is 5% more expensive) Elk River vs San Antonio (San Antonio is 9% less expensive) Elk River vs San Diego (San Diego is 38% more expensive) Elk River vs Dallas (Dallas is 6% more expensive) Elk River vs San Jose (San Jose is 52% more expensive)
Canada
Elk River vs Toronto (Toronto is 7% more expensive) Elk River vs Montreal (Montreal is 19% less expensive) Elk River vs Calgary (Calgary is 11% less expensive) Elk River vs Ottawa (Ottawa is 7% less expensive) Elk River vs Edmonton (Edmonton is 26% less expensive) Elk River vs Winnipeg (Winnipeg is 27% less expensive) Elk River vs Mississauga (Mississauga is 2% more expensive) Elk River vs Vancouver (Vancouver is 10% more expensive) Elk River vs Brampton (Brampton is 12% less expensive) Elk River vs Hamilton (Hamilton is 11% less expensive)
Barbados
Elk River vs Bridgetown (Bridgetown is 44% less expensive) Elk River vs Holetown (Holetown is 42% less expensive)
Panama
Elk River vs Panama City (Panama City is 43% less expensive) Elk River vs Colon (Colon is 51% less expensive) Elk River vs Tocumen (Tocumen is 49% less expensive) Elk River vs Santiago de Veraguas (Santiago de Veraguas is 56% less expensive) Elk River vs David (David is 66% less expensive) Elk River vs La Chorrera (La Chorrera is 61% less expensive) Elk River vs Balboa (Balboa is 48% less expensive) Elk River vs Pacora (Pacora is 48% less expensive) Elk River vs Chitre (Chitre is 55% less expensive) Elk River vs Penonome (Penonome is 55% less expensive)
Saint Kitts And Nevis
Elk River vs Basseterre (Basseterre is 49% less expensive) Elk River vs Cayon (Cayon is 49% less expensive)
Cuba
Elk River vs Havana (Havana is 58% less expensive) Elk River vs Santiago de Cuba (Santiago de Cuba is 41% less expensive) Elk River vs Holguin (Holguin is 47% less expensive) Elk River vs Camaguey (Camaguey is 37% less expensive) Elk River vs Santa Clara (Santa Clara is 56% less expensive) Elk River vs Bayamo (Bayamo is 52% less expensive) Elk River vs Guantanamo (Guantanamo is 36% less expensive) Elk River vs Las Tunas (Las Tunas is 36% less expensive) Elk River vs Pinar del Rio (Pinar del Rio is 55% less expensive) Elk River vs Cienfuegos (Cienfuegos is 64% less expensive)
Costa Rica
Elk River vs San Jose (San Jose is 49% less expensive) Elk River vs Limon (Limon is 50% less expensive) Elk River vs Liberia (Liberia is 63% less expensive) Elk River vs Alajuela (Alajuela is 49% less expensive) Elk River vs Puntarenas (Puntarenas is 47% less expensive) Elk River vs Cartago (Cartago is 60% less expensive) Elk River vs Heredia (Heredia is 48% less expensive) Elk River vs Tamarindo (Tamarindo is 30% less expensive) Elk River vs Santa Teresa (Santa Teresa is 46% less expensive)
Saint Lucia
Elk River vs Castries (Castries is 52% less expensive) Elk River vs Vieux Fort (Vieux Fort is 50% less expensive)
Jamaica
Elk River vs Kingston (Kingston is 45% less expensive) Elk River vs Spanish Town (Spanish Town is 68% less expensive) Elk River vs Montego Bay (Montego Bay is 58% less expensive) Elk River vs Half Way Tree (Half Way Tree is 52% less expensive) Elk River vs May Pen (May Pen is 66% less expensive) Elk River vs Mandeville (Mandeville is 60% less expensive) Elk River vs Old Harbour (Old Harbour is 65% less expensive) Elk River vs Linstead (Linstead is 57% less expensive) Elk River vs Savanna-la-Mar (Savanna-la-Mar is 54% less expensive) Elk River vs Port Antonio (Port Antonio is 53% less expensive)
El Salvador
Elk River vs San Salvador (San Salvador is 51% less expensive) Elk River vs Santa Ana (Santa Ana is 71% less expensive) Elk River vs Soyapango (Soyapango is 51% less expensive) Elk River vs San Miguel (San Miguel is 55% less expensive) Elk River vs Mejicanos (Mejicanos is 52% less expensive) Elk River vs Apopa (Apopa is 53% less expensive) Elk River vs Santa Tecla (Santa Tecla is 50% less expensive) Elk River vs Ahuachapan (Ahuachapan is 40% less expensive) Elk River vs Usulutan (Usulutan is 55% less expensive) Elk River vs Sonsonate (Sonsonate is 63% less expensive)
Antigua And Barbuda
Elk River vs St. John's (St. John's is 55% less expensive) Elk River vs All Saints (All Saints is 55% less expensive)
Grenada
Elk River vs St. George's (St. George's is 56% less expensive) Elk River vs Grenville (Grenville is 56% less expensive)
Dominica
Elk River vs Roseau (Roseau is 58% less expensive) Elk River vs Portsmouth (Portsmouth is 53% less expensive)
Saint Vincent
Elk River vs Kingstown (Kingstown is 59% less expensive) Elk River vs Georgetown (Georgetown is 58% less expensive)
Belize
Elk River vs Belize City (Belize City is 64% less expensive) Elk River vs San Ignacio (San Ignacio is 55% less expensive) Elk River vs Belmopan (Belmopan is 70% less expensive) Elk River vs San Pedro Town (San Pedro Town is 45% less expensive) Elk River vs Caye Caulker (Caye Caulker is 35% less expensive)
Guatemala
Elk River vs Guatemala City (Guatemala City is 58% less expensive) Elk River vs Mixco (Mixco is 74% less expensive) Elk River vs Coban (Coban is 62% less expensive) Elk River vs Quetzaltenango (Quetzaltenango is 68% less expensive) Elk River vs Jalapa (Jalapa is 63% less expensive) Elk River vs San Miguel Petapa (San Miguel Petapa is 63% less expensive) Elk River vs Momostenango (Momostenango is 64% less expensive) Elk River vs Mazatenango (Mazatenango is 64% less expensive) Elk River vs Flores (Flores is 64% less expensive) Elk River vs Panajachel (Panajachel is 67% less expensive)
Honduras
Elk River vs Tegucigalpa (Tegucigalpa is 66% less expensive) Elk River vs San Pedro Sula (San Pedro Sula is 57% less expensive) Elk River vs Choloma (Choloma is 75% less expensive) Elk River vs La Ceiba (La Ceiba is 73% less expensive) Elk River vs El Progreso (El Progreso is 63% less expensive) Elk River vs Villanueva (Villanueva is 64% less expensive) Elk River vs Comayagua (Comayagua is 70% less expensive) Elk River vs Puerto Cortes (Puerto Cortes is 70% less expensive) Elk River vs Yoro (Yoro is 70% less expensive) Elk River vs La Lima (La Lima is 64% less expensive)
Dominican Republic
Elk River vs Santiago de los Caballeros (Santiago de los Caballeros is 67% less expensive) Elk River vs Santo Domingo (Santo Domingo is 57% less expensive) Elk River vs Puerto Plata (Puerto Plata is 68% less expensive) Elk River vs Higuey (Higuey is 68% less expensive) Elk River vs La Vega (La Vega is 76% less expensive) Elk River vs San Cristobal (San Cristobal is 66% less expensive) Elk River vs San Pedro de Macoris (San Pedro de Macoris is 70% less expensive) Elk River vs San Francisco de Macoris (San Francisco de Macoris is 78% less expensive) Elk River vs San Juan de la Maguana (San Juan de la Maguana is 74% less expensive) Elk River vs Bonao (Bonao is 78% less expensive)
Nicaragua
Elk River vs Managua (Managua is 68% less expensive) Elk River vs Leon (Leon is 74% less expensive) Elk River vs Masaya (Masaya is 71% less expensive) Elk River vs Matagalpa (Matagalpa is 77% less expensive) Elk River vs Chinandega (Chinandega is 74% less expensive) Elk River vs Esteli (Esteli is 75% less expensive) Elk River vs Granada (Granada is 71% less expensive) Elk River vs Jinotega (Jinotega is 81% less expensive) Elk River vs Juigalpa (Juigalpa is 73% less expensive) Elk River vs San Juan del Sur (San Juan del Sur is 63% less expensive)