Housing costs in Elliott?
A typical home costs
$206,000, which is 39.1% less expensive than the national average of
$338,100 and 46.9% less expensive than the average Maryland home, at
$388,100. Renting a two-bedroom unit in Elliott costs
$990 per month, which is 30.8% cheaper than the national average of
$1,430 and 63.6% cheaper than the state average of
$1,620.
Can I afford Elliott?
To live comfortably in Elliott, Maryland, a minimum annual income of
$39,600 for a family, and
$31,600 for a single person is recommended.
What does A.I. say about Elliott?
The cost of living in Elliott, MD is relatively affordable compared to other areas in the country. The median home value in the city is estimated to be around $188,600, which is much lower than the national average. Rent prices are also quite reasonable and can range from around $1,000 to $1,500 a month for a two-bedroom apartment. The overall cost of living index is slightly below the national average at approximately 92. Food costs and groceries are also quite low with the average cost for meal out for two people estimated at just under $30. Overall, Elliott provides a great quality of life without having to break the bank and makes a great place to call home for many residents.