Housing costs in Elko?
A typical home costs
$251,200, which is 25.7% less expensive than the national average of
$338,100 and 18.5% less expensive than the average Georgia home, at
$308,200. Renting a two-bedroom unit in Elko costs
$880 per month, which is 38.5% cheaper than the national average of
$1,430 and 45.5% cheaper than the state average of
$1,280.
Can I afford Elko?
To live comfortably in Elko (zip 31025), Georgia, a minimum annual income of
$48,240 for a family, and
$31,200 for a single person is recommended.
What does A.I. say about Elko?
Living in 31025 Elko, GA is relatively affordable compared to other areas of the country. The cost of living index is below the US average, meaning that most items are less expensive. The median household income is slightly above the national average, making it a great place to live for those on a budget. Home prices in Elko are also below the national average, with an average home value around $145,000. Although there are some local taxes and fees associated with living in Elko, they remain well below the national averages. Living in 31025 Elko is an excellent choice for those looking for an affordable place to call home.