Kokomo, IN vs Elkhart, IN: cost of living compared
Price levels from BEA (2024); rent and home values from Zillow (September 2026).
The short answer
- Overall, living costs in Elkhart, IN and Kokomo, IN are within 1% of each other (BEA, 2024).
- To keep the same standard of living, $75,000 in Kokomo works out to about $75,600 in Elkhart, before taxes.
- Housing is 8.6% higher in Elkhart, goods 0.0% higher and other services 0.0% higher, which roughly cancel out.
- Typical asking rent is $1,182 a month in Elkhart and $1,094 in Kokomo, $1,056 a year more in Elkhart (Zillow, September 2026).
- A typical home is valued at about $266,000 in Elkhart and $191,000 in Kokomo.
- The gap is about where it was in 2019 (1.3%).
derived Calculated from BEA Regional Price Parities (2024) and Zillow data. Based on an average household's spending; taxes not included. How we calculate.
Category by category
Both cities against the US average (100). The gap in each row is what matters for a move.
Overall prices are about the same in Kokomo and Elkhart
Price level by category, 2024. US average = 100.
- Kokomo, IN
- Elkhart, IN
Source: U.S. Bureau of Economic Analysis, Regional Price Parities by metropolitan area, 2024 (US = 100).
Show the numbers
| Kokomo, IN | Elkhart, IN | |
|---|---|---|
| All items | 89.6 | 90.3 |
| Goods | 94.3 | 94.3 |
| Housing (rents) | 59.3 | 64.3 |
| Utilities | 86.3 | 86.4 |
| Other services | 99.1 | 99.1 |
| Category | Kokomo | Elkhart | Elkhart vs Kokomo |
|---|---|---|---|
| All items | 89.6 | 90.3 | +0.8% |
| Goods | 94.3 | 94.3 | 0.0% |
| Housing (rents) | 59.3 | 64.3 | +8.6% |
| Utilities | 86.3 | 86.4 | +0.1% |
| Other services | 99.1 | 99.1 | 0.0% |
| Typical asking rent | $1,094 | $1,182 | +8.0% |
| Typical home value | $191,000 | $266,000 | +39.6% |
| Salary to match $75,000 in Kokomo | $75,000 | $75,600 | +0.8% |
Index values: BEA, 2024, US = 100. Rent and home values: Data Provided by Zillow Group, September 2026.
How the gap has changed since 2008
The price gap between Kokomo and Elkhart has narrowed since 2008: 4.3 points then, 0.7 now
Overall price level each year, 2008–2024. US average = 100.
- Kokomo, IN
- Elkhart, IN
Source: U.S. Bureau of Economic Analysis, Regional Price Parities by metropolitan area, 2024 (US = 100).
Show the numbers
| Kokomo, IN | Elkhart, IN | |
|---|---|---|
| 2008 | 92.3 | 96.6 |
| 2009 | 91.9 | 94.1 |
| 2010 | 92.7 | 92.9 |
| 2011 | 89.0 | 93.5 |
| 2012 | 90.7 | 92.6 |
| 2013 | 92.0 | 91.3 |
| 2014 | 91.4 | 92.2 |
| 2015 | 88.9 | 92.1 |
| 2016 | 87.7 | 90.1 |
| 2017 | 87.6 | 91.0 |
| 2018 | 89.2 | 92.5 |
| 2019 | 90.3 | 91.4 |
| 2020 | 88.5 | 91.0 |
| 2021 | 90.6 | 87.7 |
| 2022 | 86.8 | 91.6 |
| 2023 | 89.6 | 92.5 |
| 2024 | 89.6 | 90.3 |
Goods
- Kokomo, IN
- Elkhart, IN
Source: U.S. Bureau of Economic Analysis, Regional Price Parities by metropolitan area, 2024 (US = 100).
Show the numbers
| Kokomo, IN | Elkhart, IN | |
|---|---|---|
| 2008 | 98.6 | 98.6 |
| 2009 | 97.7 | 97.7 |
| 2010 | 96.6 | 96.6 |
| 2011 | 96.3 | 96.3 |
| 2012 | 97.5 | 97.5 |
| 2013 | 97.4 | 97.4 |
| 2014 | 98.6 | 98.6 |
| 2015 | 97.9 | 97.9 |
| 2016 | 97.3 | 97.3 |
| 2017 | 95.5 | 95.5 |
| 2018 | 97.4 | 97.4 |
| 2019 | 95.7 | 95.7 |
| 2020 | 94.0 | 94.0 |
| 2021 | 94.7 | 94.7 |
| 2022 | 93.1 | 93.1 |
| 2023 | 94.8 | 94.8 |
| 2024 | 94.3 | 94.3 |
Housing (rents)
- Kokomo, IN
- Elkhart, IN
Source: U.S. Bureau of Economic Analysis, Regional Price Parities by metropolitan area, 2024 (US = 100).
Show the numbers
| Kokomo, IN | Elkhart, IN | |
|---|---|---|
| 2008 | 64.2 | 85.9 |
| 2009 | 64.7 | 76.0 |
| 2010 | 72.6 | 74.3 |
| 2011 | 62.6 | 82.9 |
| 2012 | 66.7 | 74.0 |
| 2013 | 69.7 | 68.0 |
| 2014 | 66.2 | 70.3 |
| 2015 | 63.0 | 73.5 |
| 2016 | 54.4 | 63.7 |
| 2017 | 58.8 | 70.8 |
| 2018 | 58.1 | 74.2 |
| 2019 | 62.1 | 69.1 |
| 2020 | 58.2 | 70.9 |
| 2021 | 66.2 | 59.4 |
| 2022 | 52.6 | 73.3 |
| 2023 | 61.8 | 77.0 |
| 2024 | 59.3 | 64.3 |
Utilities
- Kokomo, IN
- Elkhart, IN
Source: U.S. Bureau of Economic Analysis, Regional Price Parities by metropolitan area, 2024 (US = 100).
Show the numbers
| Kokomo, IN | Elkhart, IN | |
|---|---|---|
| 2008 | 88.9 | 87.0 |
| 2009 | 92.4 | 89.7 |
| 2010 | 83.1 | 82.6 |
| 2011 | 89.1 | 87.8 |
| 2012 | 88.5 | 88.2 |
| 2013 | 88.2 | 88.3 |
| 2014 | 84.3 | 84.7 |
| 2015 | 85.0 | 85.2 |
| 2016 | 81.9 | 83.4 |
| 2017 | 88.4 | 88.8 |
| 2018 | 91.8 | 91.3 |
| 2019 | 89.8 | 89.8 |
| 2020 | 90.6 | 91.6 |
| 2021 | 91.8 | 92.1 |
| 2022 | 87.1 | 88.1 |
| 2023 | 85.4 | 85.4 |
| 2024 | 86.3 | 86.4 |
Other services
- Kokomo, IN
- Elkhart, IN
Source: U.S. Bureau of Economic Analysis, Regional Price Parities by metropolitan area, 2024 (US = 100).
Show the numbers
| Kokomo, IN | Elkhart, IN | |
|---|---|---|
| 2008 | 99.6 | 99.6 |
| 2009 | 99.2 | 99.2 |
| 2010 | 98.5 | 98.5 |
| 2011 | 95.6 | 95.6 |
| 2012 | 96.1 | 96.1 |
| 2013 | 97.2 | 97.2 |
| 2014 | 96.2 | 96.2 |
| 2015 | 94.6 | 94.6 |
| 2016 | 96.0 | 96.0 |
| 2017 | 94.8 | 94.8 |
| 2018 | 96.1 | 96.1 |
| 2019 | 98.4 | 98.4 |
| 2020 | 97.5 | 97.5 |
| 2021 | 97.8 | 97.8 |
| 2022 | 97.5 | 97.5 |
| 2023 | 97.3 | 97.3 |
| 2024 | 99.1 | 99.1 |
Rent and home values
Typical asking rent: $1,182 in Elkhart vs $1,094 in Kokomo
Typical asking rent for a new lease, dollars per month. Quarterly.
- Kokomo, IN
- Elkhart, IN
- United States
Source: Zillow Observed Rent Index (typical asking rent, all homes, smoothed), through September 2026. Data Provided by Zillow Group.
Show the numbers
| Kokomo, IN | Elkhart, IN | United States | |
|---|---|---|---|
| Mar 2015 | – | – | $1,145 |
| Jun 2015 | – | – | $1,170 |
| Sep 2015 | – | – | $1,181 |
| Dec 2015 | – | – | $1,182 |
| Mar 2016 | – | – | $1,195 |
| Jun 2016 | – | – | $1,219 |
| Sep 2016 | – | – | $1,225 |
| Dec 2016 | – | – | $1,222 |
| Mar 2017 | – | – | $1,245 |
| Jun 2017 | $593 | – | $1,270 |
| Sep 2017 | $607 | – | $1,276 |
| Dec 2017 | $603 | – | $1,275 |
| Mar 2018 | $606 | – | $1,296 |
| Jun 2018 | $609 | – | $1,320 |
| Sep 2018 | $630 | – | $1,327 |
| Dec 2018 | $604 | – | $1,329 |
| Mar 2019 | $624 | – | $1,349 |
| Jun 2019 | $629 | – | $1,376 |
| Sep 2019 | $645 | – | $1,383 |
| Dec 2019 | $654 | – | $1,381 |
| Mar 2020 | $659 | – | $1,402 |
| Jun 2020 | $655 | – | $1,406 |
| Sep 2020 | $674 | – | $1,410 |
| Dec 2020 | $683 | – | $1,407 |
| Mar 2021 | $669 | – | $1,443 |
| Jun 2021 | $702 | – | $1,512 |
| Sep 2021 | $743 | $893 | $1,590 |
| Dec 2021 | $749 | – | $1,622 |
| Mar 2022 | $768 | $973 | $1,661 |
| Jun 2022 | $807 | $1,018 | $1,721 |
| Sep 2022 | $819 | $1,041 | $1,748 |
| Dec 2022 | $804 | $1,005 | $1,735 |
| Mar 2023 | $830 | $1,066 | $1,757 |
| Jun 2023 | $840 | $1,011 | $1,785 |
| Sep 2023 | $908 | $1,051 | $1,797 |
| Dec 2023 | – | $1,040 | $1,786 |
| Mar 2024 | $935 | $1,059 | $1,807 |
| Jun 2024 | $989 | $1,075 | $1,837 |
| Sep 2024 | $1,013 | $1,076 | $1,845 |
| Dec 2024 | $991 | $1,079 | $1,836 |
| Mar 2025 | $1,039 | $1,100 | $1,860 |
| Jun 2025 | $1,025 | $1,115 | $1,880 |
| Sep 2025 | $1,025 | $1,133 | $1,881 |
| Dec 2025 | $1,018 | $1,136 | $1,873 |
| Mar 2026 | $1,032 | $1,156 | $1,894 |
| Jun 2026 | $1,057 | $1,195 | $1,921 |
| Sep 2026 | $1,094 | $1,182 | $1,932 |
Typical home value: $266,000 in Elkhart vs $191,000 in Kokomo
Typical home value, dollars. Quarterly.
- Kokomo, IN
- Elkhart, IN
- United States
Source: Zillow Home Value Index (typical home value, middle tier, smoothed, seasonally adjusted), through September 2026. Data Provided by Zillow Group.
Show the numbers
| Kokomo, IN | Elkhart, IN | United States | |
|---|---|---|---|
| Mar 2015 | $83K | $121K | $189K |
| Jun 2015 | $85K | $123K | $192K |
| Sep 2015 | $87K | $125K | $195K |
| Dec 2015 | $88K | $127K | $199K |
| Mar 2016 | $89K | $129K | $202K |
| Jun 2016 | $90K | $131K | $204K |
| Sep 2016 | $91K | $133K | $206K |
| Dec 2016 | $93K | $136K | $209K |
| Mar 2017 | $94K | $138K | $213K |
| Jun 2017 | $95K | $141K | $216K |
| Sep 2017 | $97K | $143K | $219K |
| Dec 2017 | $99K | $145K | $223K |
| Mar 2018 | $101K | $149K | $227K |
| Jun 2018 | $103K | $152K | $230K |
| Sep 2018 | $105K | $154K | $234K |
| Dec 2018 | $107K | $157K | $236K |
| Mar 2019 | $110K | $161K | $239K |
| Jun 2019 | $112K | $162K | $242K |
| Sep 2019 | $111K | $163K | $244K |
| Dec 2019 | $113K | $165K | $247K |
| Mar 2020 | $116K | $168K | $252K |
| Jun 2020 | $118K | $170K | $255K |
| Sep 2020 | $120K | $173K | $260K |
| Dec 2020 | $124K | $180K | $271K |
| Mar 2021 | $130K | $188K | $282K |
| Jun 2021 | $135K | $198K | $296K |
| Sep 2021 | $138K | $202K | $306K |
| Dec 2021 | $141K | $205K | $314K |
| Mar 2022 | $147K | $216K | $330K |
| Jun 2022 | $153K | $226K | $346K |
| Sep 2022 | $153K | $228K | $348K |
| Dec 2022 | $153K | $227K | $345K |
| Mar 2023 | $153K | $227K | $343K |
| Jun 2023 | $156K | $231K | $347K |
| Sep 2023 | $159K | $234K | $352K |
| Dec 2023 | $160K | $234K | $354K |
| Mar 2024 | $163K | $236K | $357K |
| Jun 2024 | $167K | $238K | $361K |
| Sep 2024 | $170K | $239K | $361K |
| Dec 2024 | $175K | $244K | $363K |
| Mar 2025 | $179K | $248K | $364K |
| Jun 2025 | $181K | $248K | $362K |
| Sep 2025 | $183K | $253K | $362K |
| Dec 2025 | $186K | $257K | $364K |
| Mar 2026 | $189K | $260K | $366K |
| Jun 2026 | $190K | $262K | $365K |
| Sep 2026 | $191K | $266K | $366K |
More about each city
What this comparison leaves out
- Taxes. State and local income, sales and property taxes can change the result a lot, especially between states.
- Neighborhoods. These are metro-wide averages; a city center and its outer suburbs can differ by more than two metros do.
- Your own spending mix. The default uses an average household. Use the housing slider above if rent is a bigger share of your budget.
- Timing. BEA price levels are for 2024; Zillow figures are monthly and newer.