Housing costs in Elkton?
A typical home costs
$145,200, which is 57.1% less expensive than the national average of
$338,100 and 25.3% less expensive than the average Kentucky home, at
$194,300. Renting a two-bedroom unit in Elkton costs
$920 per month, which is 35.7% cheaper than the national average of
$1,430 and close to the state average of
$920.
Can I afford Elkton?
To live comfortably in Elkton, Kentucky, a minimum annual income of
$27,720 for a family, and
$28,000 for a single person is recommended.
What does A.I. say about Elkton?
Elkton, KY is a great place to live with a low cost of living. The median home cost is just over $65,000 and the cost of living index is significantly lower than the national average. Property taxes are low, giving residents more money in their pocket each month. Utilities such as electricity and water are very affordable. With all these factors combined, Elkton is an attractive option for those looking for a slower-paced lifestyle without breaking the bank.