Housing costs in Elkton?
A typical home costs
$251,900, which is 25.5% less expensive than the national average of
$338,100 and 26.6% less expensive than the average Virginia home, at
$343,200. Renting a two-bedroom unit in Elkton costs
$940 per month, which is 34.3% cheaper than the national average of
$1,430 and 48.9% cheaper than the state average of
$1,400.
Can I afford Elkton?
To live comfortably in Elkton, Virginia, a minimum annual income of
$48,240 for a family, and
$28,400 for a single person is recommended.
What does A.I. say about Elkton?
The cost of living in Elkton, VA is quite reasonable, with an overall index score that falls just below the national average. Housing is particularly affordable in Elkton, with a median home value of $143,900 and rent prices coming in at an average of $753 per month. Other costs such as groceries, health care, transportation, and utilities are all slightly lower than the national averages. All of these factors make Elkton a great place to live if you're looking for affordability without sacrificing quality.