Housing costs in Elyria?
A typical home costs
$155,800, which is 53.9% less expensive than the national average of
$338,100 and 20.9% less expensive than the average Ohio home, at
$197,000. Renting a two-bedroom unit in Elyria costs
$900 per month, which is 37.1% cheaper than the national average of
$1,430 and 8.9% cheaper than the state average of
$980.
Can I afford Elyria?
To live comfortably in Elyria, Ohio, a minimum annual income of
$29,880 for a family, and
$29,600 for a single person is recommended.
What does A.I. say about Elyria?
Elyria, OH has an overall low cost of living due primarily to low housing prices and tax rates when compared to other towns and cities in Ohio as well as the nation as a whole. Utility costs tend to be quite reasonable too so this makes it both attractive and budget friendly all at once.