
Housing costs in Elgin?
A typical home costs
$212,400, which is 37.2% less expensive than the national average of
$338,100 and 54.7% less expensive than the average Oregon home, at
$468,400. Renting a two-bedroom unit in Elgin costs
$1,020 per month, which is 32.9% cheaper than the national average of
$1,520 and 2.0% more than the state average of
$1,000.
Can I afford Elgin?
To live comfortably in Elgin (zip 97827), Oregon, a minimum annual income of
$40,680 for a family, and
$31,200 for a single person is recommended.
What does A.I. say about Elgin?
The cost of living in 97827 Elgin, OR is relatively low compared to other areas of the country. The median household income for the city is $44,090 which is slightly lower than the national average. Additionally, housing costs are 8% lower than the US average, providing residents with access to affordable rental and home purchase options. With a low unemployment rate and many local job opportunities, this city is an excellent place to live and work for those looking for a more affordable lifestyle.