Housing costs in Eldred?
A typical home costs
$555,900, which is 64.4% more expensive than the national average of
$338,100 and 131.0% more expensive than the average North Dakota home, at
$240,700. Renting a two-bedroom unit in Eldred costs
$1,000 per month, which is 30.1% cheaper than the national average of
$1,430 and 8.0% cheaper than the state average of
$920.
Can I afford Eldred?
To live comfortably in Eldred, North Dakota, a minimum annual income of
$106,560 for a family, and
$31,200 for a single person is recommended.
What does A.I. say about Eldred?
Eldred, ND has an affordable cost of living, with a median home value of around $90,000. Renting options are also readily available for a fraction of the price. Residents in Eldred enjoy low taxes as well; combined sales and income taxes total about 11%, which is significantly lower than many other areas. Grocery costs are very reasonable and utilities such as electricity and natural gas are cheaper here than in most places. All-in-all, Eldred offers an economical place to live without sacrificing quality of life.