Housing costs in Elkmount?
A typical home costs
$402,800, which is 19.1% more expensive than the national average of
$338,100 and 67.3% more expensive than the average North Dakota home, at
$240,700. Renting a two-bedroom unit in Elkmount costs
$980 per month, which is 31.5% more than the national average of
$1,430 and 6.1% more than the state average of
$920.
Can I afford Elkmount?
To live comfortably in Elkmount, North Dakota, a minimum annual income of
$77,040 for a family, and
$30,800 for a single person is recommended.
What does A.I. say about Elkmount?
Elkmount, ND is an affordable place to live with a low cost of living. According to Sperling's Best Places, the cost of living in Elkmount is 7% lower than the U.S. average, and groceries are 9% lower than the national average. With a median home cost of $158,200 and utilities being 10% cheaper than the national average, Elkmount offers plenty of options for those looking to save money while still enjoying all that the city has to offer. It's no wonder why so many people choose Elkmount as their ideal place to live!