Housing costs in Elbert?
A typical home costs
$643,500, which is 90.3% more expensive than the national average of
$338,100 and 22.1% more expensive than the average Colorado home, at
$527,200. Renting a two-bedroom unit in Elbert costs
$1,860 per month, which is 30.1% more than the national average of
$1,430 and 11.3% more than the state average of
$1,650.
Can I afford Elbert?
To live comfortably in Elbert Color County, Colorado, a minimum annual income of
$123,120 for a family, and
$61,600 for a single person is recommended.
What does A.I. say about Elbert?
The cost of living in Elbert, CO County is significantly higher than the national average. According to data from the U.S. Bureau of Economic Analysis, the county's cost of living index is 143, which is 43% higher than the US average of 100. This high cost of living reflects an expensive real estate market; the median home value in Elbert County is $643,500, far above the national average of $338,100. As such, it is important for prospective homeowners and renters to consider their budget before relocating to Elbert County.