Michigan City, 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, Elkhart, IN is 1.5% less expensive than Michigan City, IN (BEA, 2024).
- To keep the same standard of living, $75,000 in Michigan City works out to about $73,900 in Elkhart, before taxes.
- Most of the difference is housing, which costs 6.0% less in Elkhart. Goods are 0.0% higher and other services 0.0% higher.
- Typical asking rent is $1,182 a month in Elkhart and $1,202 in Michigan City, nearly the same (Zillow, September 2026).
- A typical home is valued at about $266,000 in Elkhart and $259,000 in Michigan City.
- The gap is about where it was in 2019 (1.7%).
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.
Housing drives the gap: 6.0% lower in Elkhart than in Michigan City
Price level by category, 2024. US average = 100.
- Michigan City, IN
- Elkhart, IN
Source: U.S. Bureau of Economic Analysis, Regional Price Parities by metropolitan area, 2024 (US = 100).
Show the numbers
| Michigan City, IN | Elkhart, IN | |
|---|---|---|
| All items | 91.7 | 90.3 |
| Goods | 94.3 | 94.3 |
| Housing (rents) | 68.5 | 64.3 |
| Utilities | 86.4 | 86.4 |
| Other services | 99.1 | 99.1 |
| Category | Michigan City | Elkhart | Elkhart vs Michigan City |
|---|---|---|---|
| All items | 91.7 | 90.3 | −1.5% |
| Goods | 94.3 | 94.3 | 0.0% |
| Housing (rents) | 68.5 | 64.3 | −6.0% |
| Utilities | 86.4 | 86.4 | −0.1% |
| Other services | 99.1 | 99.1 | 0.0% |
| Typical asking rent | $1,202 | $1,182 | −1.7% |
| Typical home value | $259,000 | $266,000 | +3.0% |
| Salary to match $75,000 in Michigan City | $75,000 | $73,900 | −1.5% |
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 Michigan City and Elkhart has narrowed since 2008: 12.9 points then, 1.4 now
Overall price level each year, 2008–2024. US average = 100.
- Michigan City, IN
- Elkhart, IN
Source: U.S. Bureau of Economic Analysis, Regional Price Parities by metropolitan area, 2024 (US = 100).
Show the numbers
| Michigan City, IN | Elkhart, IN | |
|---|---|---|
| 2008 | 83.7 | 96.6 |
| 2009 | 87.5 | 94.1 |
| 2010 | 88.9 | 92.9 |
| 2011 | 89.0 | 93.5 |
| 2012 | 88.9 | 92.6 |
| 2013 | 89.7 | 91.3 |
| 2014 | 90.3 | 92.2 |
| 2015 | 87.6 | 92.1 |
| 2016 | 87.1 | 90.1 |
| 2017 | 84.6 | 91.0 |
| 2018 | 91.7 | 92.5 |
| 2019 | 90.0 | 91.4 |
| 2020 | 91.9 | 91.0 |
| 2021 | 90.8 | 87.7 |
| 2022 | 88.6 | 91.6 |
| 2023 | 92.0 | 92.5 |
| 2024 | 91.7 | 90.3 |
Goods
- Michigan City, IN
- Elkhart, IN
Source: U.S. Bureau of Economic Analysis, Regional Price Parities by metropolitan area, 2024 (US = 100).
Show the numbers
| Michigan City, IN | Elkhart, IN | |
|---|---|---|
| 2008 | 77.2 | 98.6 |
| 2009 | 84.6 | 97.7 |
| 2010 | 93.1 | 96.6 |
| 2011 | 93.4 | 96.3 |
| 2012 | 95.2 | 97.5 |
| 2013 | 94.7 | 97.4 |
| 2014 | 95.9 | 98.6 |
| 2015 | 96.1 | 97.9 |
| 2016 | 94.6 | 97.3 |
| 2017 | 94.0 | 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)
- Michigan City, IN
- Elkhart, IN
Source: U.S. Bureau of Economic Analysis, Regional Price Parities by metropolitan area, 2024 (US = 100).
Show the numbers
| Michigan City, IN | Elkhart, IN | |
|---|---|---|
| 2008 | 76.0 | 85.9 |
| 2009 | 77.4 | 76.0 |
| 2010 | 69.7 | 74.3 |
| 2011 | 75.6 | 82.9 |
| 2012 | 67.0 | 74.0 |
| 2013 | 74.5 | 68.0 |
| 2014 | 74.6 | 70.3 |
| 2015 | 68.8 | 73.5 |
| 2016 | 71.8 | 63.7 |
| 2017 | 62.0 | 70.8 |
| 2018 | 71.4 | 74.2 |
| 2019 | 58.3 | 69.1 |
| 2020 | 73.7 | 70.9 |
| 2021 | 65.7 | 59.4 |
| 2022 | 56.0 | 73.3 |
| 2023 | 75.0 | 77.0 |
| 2024 | 68.5 | 64.3 |
Utilities
- Michigan City, IN
- Elkhart, IN
Source: U.S. Bureau of Economic Analysis, Regional Price Parities by metropolitan area, 2024 (US = 100).
Show the numbers
| Michigan City, IN | Elkhart, IN | |
|---|---|---|
| 2008 | 79.5 | 87.0 |
| 2009 | 81.5 | 89.7 |
| 2010 | 81.0 | 82.6 |
| 2011 | 79.4 | 87.8 |
| 2012 | 80.2 | 88.2 |
| 2013 | 82.4 | 88.3 |
| 2014 | 82.8 | 84.7 |
| 2015 | 83.8 | 85.2 |
| 2016 | 85.0 | 83.4 |
| 2017 | 86.6 | 88.8 |
| 2018 | 92.4 | 91.3 |
| 2019 | 90.8 | 89.8 |
| 2020 | 92.0 | 91.6 |
| 2021 | 92.7 | 92.1 |
| 2022 | 88.5 | 88.1 |
| 2023 | 86.4 | 85.4 |
| 2024 | 86.4 | 86.4 |
Other services
- Michigan City, IN
- Elkhart, IN
Source: U.S. Bureau of Economic Analysis, Regional Price Parities by metropolitan area, 2024 (US = 100).
Show the numbers
| Michigan City, IN | Elkhart, IN | |
|---|---|---|
| 2008 | 93.6 | 99.6 |
| 2009 | 94.2 | 99.2 |
| 2010 | 93.9 | 98.5 |
| 2011 | 91.4 | 95.6 |
| 2012 | 93.8 | 96.1 |
| 2013 | 92.5 | 97.2 |
| 2014 | 92.5 | 96.2 |
| 2015 | 88.9 | 94.6 |
| 2016 | 88.0 | 96.0 |
| 2017 | 87.5 | 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 $1,202 in Michigan City
Typical asking rent for a new lease, dollars per month. Quarterly.
- Michigan City, 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
| Michigan City, 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 | – | – | $1,270 |
| Sep 2017 | – | – | $1,276 |
| Dec 2017 | – | – | $1,275 |
| Mar 2018 | – | – | $1,296 |
| Jun 2018 | – | – | $1,320 |
| Sep 2018 | – | – | $1,327 |
| Dec 2018 | – | – | $1,329 |
| Mar 2019 | – | – | $1,349 |
| Jun 2019 | – | – | $1,376 |
| Sep 2019 | – | – | $1,383 |
| Dec 2019 | – | – | $1,381 |
| Mar 2020 | – | – | $1,402 |
| Jun 2020 | – | – | $1,406 |
| Sep 2020 | – | – | $1,410 |
| Dec 2020 | – | – | $1,407 |
| Mar 2021 | – | – | $1,443 |
| Jun 2021 | – | – | $1,512 |
| Sep 2021 | – | $893 | $1,590 |
| Dec 2021 | – | – | $1,622 |
| Mar 2022 | $907 | $973 | $1,661 |
| Jun 2022 | $934 | $1,018 | $1,721 |
| Sep 2022 | $963 | $1,041 | $1,748 |
| Dec 2022 | $983 | $1,005 | $1,735 |
| Mar 2023 | $984 | $1,066 | $1,757 |
| Jun 2023 | $1,015 | $1,011 | $1,785 |
| Sep 2023 | $1,040 | $1,051 | $1,797 |
| Dec 2023 | $1,003 | $1,040 | $1,786 |
| Mar 2024 | $1,047 | $1,059 | $1,807 |
| Jun 2024 | $1,084 | $1,075 | $1,837 |
| Sep 2024 | $1,083 | $1,076 | $1,845 |
| Dec 2024 | $1,079 | $1,079 | $1,836 |
| Mar 2025 | $1,108 | $1,100 | $1,860 |
| Jun 2025 | $1,155 | $1,115 | $1,880 |
| Sep 2025 | $1,118 | $1,133 | $1,881 |
| Dec 2025 | $1,150 | $1,136 | $1,873 |
| Mar 2026 | $1,142 | $1,156 | $1,894 |
| Jun 2026 | $1,201 | $1,195 | $1,921 |
| Sep 2026 | $1,202 | $1,182 | $1,932 |
Typical home value: $266,000 in Elkhart vs $259,000 in Michigan City
Typical home value, dollars. Quarterly.
- Michigan City, 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
| Michigan City, IN | Elkhart, IN | United States | |
|---|---|---|---|
| Mar 2015 | $124K | $121K | $189K |
| Jun 2015 | $126K | $123K | $192K |
| Sep 2015 | $129K | $125K | $195K |
| Dec 2015 | $129K | $127K | $199K |
| Mar 2016 | $129K | $129K | $202K |
| Jun 2016 | $129K | $131K | $204K |
| Sep 2016 | $129K | $133K | $206K |
| Dec 2016 | $131K | $136K | $209K |
| Mar 2017 | $131K | $138K | $213K |
| Jun 2017 | $133K | $141K | $216K |
| Sep 2017 | $135K | $143K | $219K |
| Dec 2017 | $138K | $145K | $223K |
| Mar 2018 | $139K | $149K | $227K |
| Jun 2018 | $142K | $152K | $230K |
| Sep 2018 | $145K | $154K | $234K |
| Dec 2018 | $147K | $157K | $236K |
| Mar 2019 | $150K | $161K | $239K |
| Jun 2019 | $152K | $162K | $242K |
| Sep 2019 | $155K | $163K | $244K |
| Dec 2019 | $156K | $165K | $247K |
| Mar 2020 | $158K | $168K | $252K |
| Jun 2020 | $160K | $170K | $255K |
| Sep 2020 | $164K | $173K | $260K |
| Dec 2020 | $172K | $180K | $271K |
| Mar 2021 | $179K | $188K | $282K |
| Jun 2021 | $188K | $198K | $296K |
| Sep 2021 | $192K | $202K | $306K |
| Dec 2021 | $195K | $205K | $314K |
| Mar 2022 | $203K | $216K | $330K |
| Jun 2022 | $212K | $226K | $346K |
| Sep 2022 | $215K | $228K | $348K |
| Dec 2022 | $216K | $227K | $345K |
| Mar 2023 | $217K | $227K | $343K |
| Jun 2023 | $222K | $231K | $347K |
| Sep 2023 | $227K | $234K | $352K |
| Dec 2023 | $226K | $234K | $354K |
| Mar 2024 | $229K | $236K | $357K |
| Jun 2024 | $235K | $238K | $361K |
| Sep 2024 | $237K | $239K | $361K |
| Dec 2024 | $240K | $244K | $363K |
| Mar 2025 | $244K | $248K | $364K |
| Jun 2025 | $245K | $248K | $362K |
| Sep 2025 | $248K | $253K | $362K |
| Dec 2025 | $250K | $257K | $364K |
| Mar 2026 | $253K | $260K | $366K |
| Jun 2026 | $255K | $262K | $365K |
| Sep 2026 | $259K | $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.