Housing costs in Elton?
A typical home costs
$76,900, which is 77.3% less expensive than the national average of
$338,100 and 58.4% less expensive than the average Louisiana home, at
$184,800. Renting a two-bedroom unit in Elton costs
$670 per month, which is 53.1% cheaper than the national average of
$1,430 and 49.3% cheaper than the state average of
$1,000.
Can I afford Elton?
To live comfortably in Elton, Louisiana, a minimum annual income of
$14,760 for a family, and
$23,200 for a single person is recommended.
What does A.I. say about Elton?
The cost of living in Elton, LA is relatively affordable. In comparison to the nearby cities of Lake Charles and Lafayette, Elton offers competitive housing costs and low taxes. The average property tax rate is 0.45%, which is significantly lower than both Lake Charles (0.71%) and Lafayette (1.08%). Additionally, the median home price in Elton is $90,040 compared to $124,000 and $198,000 for Lake Charles and Lafayette respectively. With these cost savings, residents can enjoy a range of recreational activities without breaking the bank.