Housing costs in Elon?
A typical home costs
$308,700, which is 8.7% less expensive than the national average of
$338,100 and 6.7% more expensive than the average North Carolina home, at
$289,300. Renting a two-bedroom unit in Elon costs
$1,140 per month, which is 20.3% cheaper than the national average of
$1,430 and 2.6% more than the state average of
$1,110.
Can I afford Elon?
To live comfortably in Elon, North Carolina, a minimum annual income of
$59,040 for a family, and
$37,200 for a single person is recommended.
What does A.I. say about Elon?
Elon, NC is a great place for those looking to live in the Triangle area on a budget. The cost of living in the area is much lower than that of larger cities like Raleigh and Durham. Renting a one-bedroom apartment costs an average of $709 per month, which is much more affordable than other cities in the region. Additionally, groceries, healthcare, and transportation are all very reasonably priced. With this low cost of living and close proximity to larger cities, Elon has become an increasingly attractive option for those looking to make their home in the Triangle area.