Housing costs in Elkton?
A typical home costs
$308,700, which is 8.7% less expensive than the national average of
$338,100 and 20.5% less expensive than the average Maryland home, at
$388,100. Renting a two-bedroom unit in Elkton costs
$1,520 per month, which is 6.2% cheaper than the national average of
$1,620 and 3.3% more than the state average of
$1,470.
Can I afford Elkton?
To live comfortably in Elkton (zip 21921), Maryland, a minimum annual income of
$59,040 for a family, and
$50,400 for a single person is recommended.
What does A.I. say about Elkton?
The cost of living in 21921 Elkton, MD is fairly reasonable. Housing prices are quite affordable compared to larger cities in the area, with median home prices sitting around $237,300. Utilities and groceries tend to be slightly more expensive in Elkton than the national average, but not drastically so. Transportation costs are also relatively low, making it an attractive choice for those looking for a smaller city with lower expenses.