Housing costs in Elmo?
A typical home costs
$159,500, which is 52.8% less expensive than the national average of
$338,100 and 68.8% less expensive than the average Utah home, at
$510,600. Renting a two-bedroom unit in Elmo costs
$810 per month, which is 43.4% cheaper than the national average of
$1,430 and 58.0% cheaper than the state average of
$1,280.
Can I afford Elmo?
To live comfortably in Elmo, Utah, a minimum annual income of
$30,600 for a family, and
$28,800 for a single person is recommended.
What does A.I. say about Elmo?
Elmo, UT is an affordable place to live with a cost of living that is 6.8% lower than the U.S. average. Housing costs in Elmo are 10% lower than the national average and groceries are 5% cheaper. This makes it an ideal location for those looking to save money while still enjoying all the amenities of living in a small town. Utilities tend to be on par with the national average, making it easy to keep your bills stable throughout the year. The low cost of living combined with the low unemployment rate make Elmo an attractive destination for those wanting to settle down in Utah.