Housing costs in Elwood?
A typical home costs
$483,600, which is 43.0% more expensive than the national average of
$338,100 and 5.3% less expensive than the average Utah home, at
$510,600. Renting a two-bedroom unit in Elwood costs
$920 per month, which is 35.7% cheaper than the national average of
$1,430 and 39.1% cheaper than the state average of
$1,280.
Can I afford Elwood?
To live comfortably in Elwood, Utah, a minimum annual income of
$92,520 for a family, and
$28,400 for a single person is recommended.
What does A.I. say about Elwood?
Elwood, UT is an affordable place to live, with a cost of living that is lower than the US average. The median home value is much lower than the average in other cities, and the cost of rent is highly competitive. Groceries and utilities are also quite low compared to many surrounding areas. With such an affordable cost of living, Elwood is a great choice for anyone looking to save money while still enjoying all the amenities of a small town.