Housing costs in Elmdale?
A typical home costs
$429,600, which is 27.1% more expensive than the national average of
$338,100 and 78.5% more expensive than the average North Dakota home, at
$240,700. Renting a two-bedroom unit in Elmdale costs
$1,010 per month, which is 29.4% cheaper than the national average of
$1,430 and 8.9% cheaper than the state average of
$920.
Can I afford Elmdale?
To live comfortably in Elmdale, North Dakota, a minimum annual income of
$82,440 for a family, and
$30,800 for a single person is recommended.
What does A.I. say about Elmdale?
The cost of living in Elmdale, ND is relatively low compared to other cities in the region. The average home value in Elmdale is $127,000, which is considerably lower than the national average. Additionally, rent and utilities are also inexpensive with an average monthly rent of around $750 and utilities costing about $100 per month for a standard two bedroom apartment. Groceries, gas prices, and general day-to-day expenses are also very affordable in Elmdale due to its rural location. Therefore, residents of Elmdale can live comfortably on a budget without breaking the bank.