Housing costs in Elmwood?
A typical home costs
$420,700, which is 24.4% more expensive than the national average of
$338,100 and 127.7% more expensive than the average Louisiana home, at
$184,800. Renting a two-bedroom unit in Elmwood costs
$1,420 per month, which is 0.7% cheaper than the national average of
$1,430 and 29.6% more than the state average of
$1,000.
Can I afford Elmwood?
To live comfortably in Elmwood, Louisiana, a minimum annual income of
$80,640 for a family, and
$48,400 for a single person is recommended.
What does A.I. say about Elmwood?
The cost of living in Elmwood, LA is relatively low compared to other places in the country. The median home price is around $134,000 and the median rent is just over $900 per month. In addition, groceries and utilities are lower than the national average, making it an affordable place to live. Overall, Elmwood offers a great quality of life for those looking to save money while still enjoying all the amenities of living in Louisiana.