Housing costs in Elbert?
A typical home costs
$664,700, which is 96.6% more expensive than the national average of
$338,100 and 26.1% more expensive than the average Colorado home, at
$527,200. Renting a two-bedroom unit in Elbert costs
$1,370 per month, which is 17.0% cheaper than the national average of
$1,650 and 8.0% cheaper than the state average of
$1,480.
Can I afford Elbert?
To live comfortably in Elbert (zip 80106), Colorado, a minimum annual income of
$127,440 for a family, and
$43,600 for a single person is recommended.
What does A.I. say about Elbert?
The cost of living in Elbert, CO 80106 is relatively low compared to other nearby cities. Housing prices are significantly lower than the national average, and the median home price is around $283,000. Additionally, utilities and groceries are much less expensive than in other similar communities. The overall cost of living index for Elbert is 92, which is well below the U.S. national average of 100. Therefore, it can be said that Elbert provides an affordable place for families to live and raise their children.