Housing costs in Elkton?
A typical home costs
$185,300, which is 45.2% less expensive than the national average of
$338,100 and 30.9% less expensive than the average South Dakota home, at
$268,000. Renting a two-bedroom unit in Elkton costs
$880 per month, which is 3.3% cheaper than the national average of
$910 and close to the state average of
$870.
Can I afford Elkton?
To live comfortably in Elkton (zip 57026), South Dakota, a minimum annual income of
$35,640 for a family, and
$27,200 for a single person is recommended.
What does A.I. say about Elkton?
The cost of living in 57026 Elkton, SD is relatively low compared to other parts of the United States. The median home value is around $172,000 and the median rent for a two-bedroom apartment is just over $700 per month. The overall cost of living index is at 89.6—far lower than the national average of 100. Residents get to enjoy the rural beauty and low cost of living that come with living in a small town without sacrificing access to amenities such as grocery stores, restaurants, and entertainment venues. Additionally, the cost of goods and services in 57026 Elkton, SD are below average when compared to other parts of America which helps keep expenses down even further.