
Housing costs in Elbert?
A typical home costs
$591,900, which is 75.1% more expensive than the national average of
$338,100 and 12.3% more expensive than the average Colorado home, at
$527,200. Renting a two-bedroom unit in Elbert costs
$1,410 per month, which is 1.4% cheaper than the national average of
$1,430 and 17.0% cheaper than the state average of
$1,650.
Can I afford Elbert?
To live comfortably in Elbert, Colorado, a minimum annual income of
$113,400 for a family, and
$44,800 for a single person is recommended.
What does A.I. say about Elbert?
Elbert, CO has a relatively low cost of living compared to other cities in Colorado and around the United States. According to Sperling's 黑料社区, the city has an overall cost of living index of 86.2, which is 14.8% lower than the national average. Housing costs are especially affordable in Elbert, with home prices comparably lower than other cities in the state and median rent prices at $1,254 per month. Utilities such as electricity and gas are also quite reasonable, coming in at 1% below the US average. Additionally, consumer goods like groceries and healthcare are both considered to be slightly less expensive than other parts of Colorado. Overall, Elbert has an appealing cost of living that makes it a great option for those looking to settle down in a small town atmosphere without breaking the bank!