Housing costs in Elberon?
A typical home costs
$148,600, which is 56.0% less expensive than the national average of
$338,100 and 23.8% less expensive than the average Iowa home, at
$194,900. Renting a two-bedroom unit in Elberon costs
$910 per month, which is 36.4% cheaper than the national average of
$1,430 and 2.2% cheaper than the state average of
$930.
Can I afford Elberon?
To live comfortably in Elberon, Iowa, a minimum annual income of
$28,440 for a family, and
$27,600 for a single person is recommended.
What does A.I. say about Elberon?
The cost of living in Elberon, IA is relatively low. According to data from the most recent census, the median home value in Elberon is $78,000 and the median household income is just over $48,000. With a low unemployment rate of 3.2%, it's no surprise that expenses are kept relatively low. Groceries, health care costs, and housing are all very affordable for residents in this small town. Additionally, there are plenty of recreational activities available nearby for those looking to stay active without breaking the bank.