Housing costs in Elwood?
A typical home costs
$83,900, which is 75.2% less expensive than the national average of
$338,100 and 56.8% less expensive than the average Kansas home, at
$194,100. Renting a two-bedroom unit in Elwood costs
$850 per month, which is 40.6% cheaper than the national average of
$1,430 and 14.1% cheaper than the state average of
$970.
Can I afford Elwood?
To live comfortably in Elwood, Kansas, a minimum annual income of
$16,200 for a family, and
$25,600 for a single person is recommended.
What does A.I. say about Elwood?
The cost of living in Elwood, KS is relatively low. The average rent for a one bedroom apartment in Elwood is $525 per month, which is noticeably lower than the U.S. average of $969 per month. The median home value in Elwood is $80,000, which is much lower than the average home price for the rest of the United States. Additionally, groceries and other goods tend to be cheaper in Elwood than other areas. All in all, residents of Elwood enjoy a low cost of living and can get a lot of bang for their buck when it comes to day-to-day expenses.