Housing costs in Elkhart?
A typical home costs
$275,500, which is 18.5% less expensive than the national average of
$338,100 and 41.4% more expensive than the average Iowa home, at
$194,900. Renting a two-bedroom unit in Elkhart costs
$1,140 per month, which is 22.6% more than the national average of
$930 and 7.0% more than the state average of
$1,060.
Can I afford Elkhart?
To live comfortably in Elkhart (zip 50073), Iowa, a minimum annual income of
$52,920 for a family, and
$38,000 for a single person is recommended.
What does A.I. say about Elkhart?
The cost of living in 50073 Elkhart, IA is relatively low compared to other areas. The median home price is around $86,000, offering residents an affordable opportunity to own a home. Additionally, the average rent for a two-bedroom apartment is just over $600 per month. For those looking to save money on groceries and utility costs, the city offers markets with competitive prices and several energy providers that offer discounts and incentives for their customers. All of these factors make 50073 Elkhart, IA an attractive option for those seeking to live an affordable yet comfortable lifestyle.