Housing costs in Elba?
A typical home costs
$178,700, which is 47.1% less expensive than the national average of
$338,100 and 56.8% less expensive than the average New York home, at
$413,600. Renting a two-bedroom unit in Elba costs
$990 per month, which is 30.8% more than the national average of
$1,430 and 98.0% more than the state average of
$1,960.
Can I afford Elba?
To live comfortably in Elba, New York, a minimum annual income of
$34,200 for a family, and
$32,400 for a single person is recommended.
What does A.I. say about Elba?
The cost of living in Elba, NY is relatively low compared to other parts of the state. The average cost for housing is less than the national average, with a median home price that is around $80,000. This offers plenty of affordability for those who would like to buy a home in Elba. Additionally, transportation costs are low as well, since there is easy access to bus services throughout the town and nearby cities. Grocery stores and other daily necessities are easily accessible and affordable within the town as well. In general, Elba offers an affordable way to live in upstate New York.