Housing costs in Elk River?
A typical home costs
$191,700, which is 43.3% less expensive than the national average of
$338,100 and 56.9% less expensive than the average Idaho home, at
$445,000. Renting a two-bedroom unit in Elk River costs
$910 per month, which is 36.4% cheaper than the national average of
$1,430 and 23.1% cheaper than the state average of
$1,120.
Can I afford Elk River?
To live comfortably in Elk River (zip 83827), Idaho, a minimum annual income of
$36,720 for a family, and
$27,600 for a single person is recommended.
What does A.I. say about Elk River?
The cost of living in 83827 Elk River, ID is quite reasonable compared to other cities throughout the United States. According to Sperling’s Best Places Cost of Living Index, the cost of living in 83827 Elk River, ID is 8.7% lower than the national average. In addition, housing costs are particularly affordable with a median home value of $154,000 and an average rent of just $1,018. Other expenses such as groceries and utilities remain quite inexpensive in comparison to larger cities in the US. Overall, 83827 Elk River, ID is a great option for those looking for a more affordable yet attractive place to live.