Housing costs in Elkin?
A typical home costs
$181,900, which is 46.2% less expensive than the national average of
$338,100 and 37.1% less expensive than the average North Carolina home, at
$289,300. Renting a two-bedroom unit in Elkin costs
$790 per month, which is 28.8% cheaper than the national average of
$1,110 and 2.5% more than the state average of
$770.
Can I afford Elkin?
To live comfortably in Elkin (zip 28621), North Carolina, a minimum annual income of
$34,920 for a family, and
$25,200 for a single person is recommended.
What does A.I. say about Elkin?
The cost of living in 28621 Elkin, NC is relatively low compared to the national average, making it a great place to live and work. Prices for goods and services are lower than most other places in North Carolina, with an overall index of 88.3, which is 12.7% below the U.S. average of 100. Housing costs are especially attractive in Elkin, with median home prices being much lower than the state or national averages at $111,700. Other costs such as healthcare and utilities are also lower than the national averages, helping keep the cost of living low for its residents.