Cost of Living in Eldridge, IA

Population 6,743 · Iowa · Data vintage 2023

91
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Eldridge is a smaller Iowa community of around 7000 residents, where median household incomes of $101,089 and housing costs ($329,000 for a typical home) give the local cost-of-living profile a distinctly small-town shape. An unemployment rate of 1.1% points to a labor market well on the tight side of the national distribution.

Located 6 miles north of Davenport, Eldridge falls within that metro's commuting orbit. Median home values run roughly 102% higher than Davenport's $163,000.

Cost Overview

Housing 108
Rent 64

Scale: 100 = US national average. Green < 90, Red > 110.

About the Cost of Living in Eldridge

The median home value in Eldridge is $329,400 — 8% above the national median of $305,000. Median rent runs $845/month, 36% lower than the national median of $1,314/month. The median household income of $101,089/year is 36% higher than the US median of $74,580. The local unemployment rate is 1.1%, below the national average of 4.8%. Iowa's top state income tax rate is 5.7% and the combined sales tax is 6.9%. Overall, Eldridge has a cost of living index of 91 versus the US average of 100, meaning it is 9% less expensive.

🏠 Housing

Median Home Value
$329,400
8% above avg
Zillow Home Value
$342,179
Zillow ZHVI
Median Rent
$845/mo
36% below avg
Price-to-Rent Ratio
32.5x
Favors renting
Property Tax Rate
1.6%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$646
1 BR
$716
2 BR
$877
3 BR
$1,170
4 BR
$1,287
Owner-occupied 85.8%
Renter-occupied 14.3%

💰 Estimated Monthly Budget

Rent median rent
$845
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,459/mo

Estimates based on median data and national averages. Actual costs vary.

🛒 Food & Groceries

National BLS average prices (2023). Local prices may vary.

🥚
Eggs (dozen)
$0.548
🍞
White Bread (lb)
$1.912
🥩
Ground Beef (lb)
$5.61

🚗 Transportation

Avg Commute
18.5 min
31% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
16.0%

Commute Mode

Drove alone
80.5%
Carpooled
2.1%
Walked
1.0%
Work from home
16.0%

Utilities

Electricity
$0.176/kWh
0% below avg

📋 Taxes

State Income Tax 5.7%
Total Sales Tax 6.9%
State rate 6.0%
Avg local rate 0.9%
Property Tax 1.6%

💼 Income & Employment

Median Household Income
$101,089
36% above avg
Per Capita Income
$49,703
Unemployment Rate
1.1%
78% below avg
Poverty Rate
1.0%
Labor Force Participation
68.7%

🎓 Education

Bachelor's degree+ 39.1%
Graduate degree 15.4%

👥 Demographics

Median Age 41
Male median age 41.5
Female median age 40

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 53 — Moderate
38.9%
Good air days/yr
219
Max AQI recorded
225
PM2.5 days
113
Ozone days

🏫 Schools

NCES CCD 2019 — public school district data

95%
4-Year Graduation Rate
15.9:1
Student-teacher ratio
7
Public schools
3,299
Total enrollment

Frequently Asked Questions

What is the cost of living in Eldridge, IA?

Eldridge has a cost index of 91 (100 = national average). It is 9% below the national average.

What is average rent in Eldridge, IA?

The median gross rent in Eldridge is $845 per month based on 2023 Census data.

What is the average home price in Eldridge?

The median home value in Eldridge is $329,400 according to Zillow and Census data.

What is the median income in Eldridge?

The median household income in Eldridge is $101,089 per year (2023 ACS 5-year estimates).

What is the sales tax in Eldridge, IA?

The combined state and local sales tax rate in Eldridge is 6.9%. The Iowa state income tax top rate is 5.7%.

Is Eldridge, IA affordable?

Eldridge is near the national average in terms of cost of living, with an index of 91 (100 = US average).

Eldridge at a Glance

Population
6,743
Median Income
$101,089
Home Value
$329,400
Median Rent
$845/mo
Unemployment
1.1%
Sales Tax
6.9%
View all cities in Iowa →
🗺️ County data for Iowa

Explore county-level cost of living data

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