Housing costs in Elkhart?
A typical home costs
$119,900, which is 64.5% less expensive than the national average of
$338,100 and 50.4% less expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Elkhart costs
$830 per month, which is 34.1% cheaper than the national average of
$1,260 and close to the state average of
$840.
Can I afford Elkhart?
To live comfortably in Elkhart (zip 62634), Illinois, a minimum annual income of
$23,040 for a family, and
$26,000 for a single person is recommended.
What does A.I. say about Elkhart?
The cost of living in 62634 Elkhart, IL is relatively affordable. The median home value in the area is around $74,800, which is much lower than the national average of $184,700. Additionally, the median household income is around $43,361, also significantly lower than the national average of $61,937. The cost of everyday necessities such as food and clothing tend to be lower in Elkhart as well. Overall, it's quite easy to afford living in 62634 Elkhart, IL.