Housing costs in Elkton?
A typical home costs
$148,500, which is 56.1% less expensive than the national average of
$338,100 and 23.6% less expensive than the average Kentucky home, at
$194,300. Renting a two-bedroom unit in Elkton costs
$940 per month, which is 34.3% cheaper than the national average of
$1,430 and 2.1% more than the state average of
$920.
Can I afford Elkton?
To live comfortably in Elkton (zip 42220), Kentucky, a minimum annual income of
$28,440 for a family, and
$28,400 for a single person is recommended.
What does A.I. say about Elkton?
The cost of living in Elkton, KY is fairly affordable compared to many other places in the United States. Compared to the national average, housing costs are 8% lower and food costs are 7% lower. Furthermore, utilities costs are around 16% lower than the national average. The overall cost of living index for the zip code 42220 is 83.3, which is 17.7 points below the US average of 100. This makes Elkton a great place to live for those who are looking for an affordable option with plenty of amenities and access to nearby attractions such as Mammoth Cave National Park and Rough River Lake State Park.