Housing costs in Elmwood Place?
A typical home costs
$83,900, which is 75.2% less expensive than the national average of
$338,100 and 57.4% less expensive than the average Ohio home, at
$197,000. Renting a two-bedroom unit in Elmwood Place costs
$1,040 per month, which is 27.3% cheaper than the national average of
$1,430 and 5.8% more than the state average of
$980.
Can I afford Elmwood Place?
To live comfortably in Elmwood Place, Ohio, a minimum annual income of
$16,200 for a family, and
$32,000 for a single person is recommended.
What does A.I. say about Elmwood Place?
Elmwood Place, OH is an affordable place to live with a cost of living that is below the national average. The median home value in Elmwood Place is $83,100, which is 16% lower than the Ohio median home value of $98,500. The median household income for residents of Elmwood Place is $36,919, also lower than the state average. Utilities are reasonably priced as well as other services like transportation and health care. Additionally, although there are some higher-end restaurants and shops in the area, most goods and services can be found at reasonable prices. All in all, Elmwood Place can be considered an inexpensive place to call home.