Housing costs in Elliott?
A typical home costs
$108,700, which is 67.8% less expensive than the national average of
$338,100 and 44.2% less expensive than the average Iowa home, at
$194,900. Renting a two-bedroom unit in Elliott costs
$940 per month, which is 34.3% cheaper than the national average of
$1,430 and close to the state average of
$930.
Can I afford Elliott?
To live comfortably in Elliott, Iowa, a minimum annual income of
$20,880 for a family, and
$28,800 for a single person is recommended.
What does A.I. say about Elliott?
Elliott, IA is an affordable place to live. It has a low cost of living compared to other communities in the area. The median home value is about $125,000, which is much lower than the national average of nearly $200,000. The median household income in Elliott is approximately $42,000 and the poverty rate is only 12.3%, which are both quite low compared to surrounding cities. Property taxes are relatively affordable as well, averaging around 1.5%. The overall cost of living in Elliott is very reasonable and allows residents to enjoy a comfortable lifestyle without breaking the bank.