Housing costs in Elkton?
A typical home costs
$211,400, which is 37.5% less expensive than the national average of
$338,100 and 31.7% less expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Elkton costs
$990 per month, which is 20.2% cheaper than the national average of
$1,240 and 2.0% more than the state average of
$970.
Can I afford Elkton?
To live comfortably in Elkton (zip 55933), Minnesota, a minimum annual income of
$40,680 for a family, and
$30,000 for a single person is recommended.
What does A.I. say about Elkton?
The cost of living in 55933 Elkton, MN is generally considered to be very affordable. The median home price is $155,000, with several homes available for less than that amount. Rent prices are also quite reasonable, with one bedroom apartments averaging around $600 a month and two bedrooms averaging around $800 a month. Groceries are relatively inexpensive as well, and the local restaurants offer meals at great prices. Overall, 55933 Elkton, MN provides an excellent quality of life at low costs.