Housing costs in Elba township?
A typical home costs
$430,700, which is 27.4% more expensive than the national average of
$338,100 and 39.2% more expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Elba township costs
$970 per month, which is 32.2% more than the national average of
$1,430 and 27.8% more than the state average of
$1,240.
Can I afford Elba township?
To live comfortably in Elba township, Minnesota, a minimum annual income of
$82,440 for a family, and
$31,200 for a single person is recommended.
What does A.I. say about Elba township?
The cost of living in Elba Township, MN can be considered low when compared to the national average. The median home price is around $118,000, which is much lower than the national median. Additionally, groceries and other everyday necessities are also generally cheaper in Elba Township than they are anywhere else in the state. Property taxes are relatively low as well, making it an affordable area to live for all kinds of budgets. The overall cost of living in Elba Township makes it a great option for those looking for an affordable place to call home.