Housing costs in Elgin CDP (Lancaster County)?
A typical home costs
$270,800, which is 19.9% less expensive than the national average of
$338,100 and 4.2% more expensive than the average South Carolina home, at
$259,900. Renting a two-bedroom unit in Elgin CDP (Lancaster County) costs
$860 per month, which is 39.9% cheaper than the national average of
$1,430 and 29.1% cheaper than the state average of
$1,110.
Can I afford Elgin CDP (Lancaster County)?
To live comfortably in Elgin CDP (Lancaster County), South Carolina, a minimum annual income of
$51,840 for a family, and
$26,000 for a single person is recommended.
What does A.I. say about Elgin CDP (Lancaster County)?
The cost of living in Elgin, SC is quite reasonable and affordable. The median house price is around $161,900, with average rent coming in at around $960. Additionally, groceries and other everyday necessities are priced competitively. The city's overall cost of living index is 97.9, which is slightly lower than the U.S. average of 100. This makes Elgin an attractive place to live for those looking for a low-cost option with plenty of amenities nearby.