Housing costs in Elrod?
A typical home costs
$59,100, which is 82.5% less expensive than the national average of
$338,100 and 79.6% less expensive than the average North Carolina home, at
$289,300. Renting a two-bedroom unit in Elrod costs
$670 per month, which is 53.1% cheaper than the national average of
$1,430 and 65.7% cheaper than the state average of
$1,110.
Can I afford Elrod?
To live comfortably in Elrod, North Carolina, a minimum annual income of
$11,160 for a family, and
$20,400 for a single person is recommended.
What does A.I. say about Elrod?
The cost of living in Elrod, NC is relatively low compared to other parts of the country. The median home value in Elrod is $134,600, which is lower than the US average of $181,400. Rent prices are also quite reasonable in Elrod, with a median rent of $825 per month, significantly lower than the US average of $1,000. Additionally, food costs are much more affordable here than elsewhere; groceries and dining out alike are relatively inexpensive. All-in-all, those looking for an affordable place to live should definitely consider moving to Elrod!