Housing costs in Elmo?
A typical home costs
$765,200, which is 126.3% more expensive than the national average of
$338,100 and 73.2% more expensive than the average Montana home, at
$441,800. Renting a two-bedroom unit in Elmo costs
$1,470 per month, which is 2.8% more than the national average of
$1,430 and 32.7% more than the state average of
$990.
Can I afford Elmo?
To live comfortably in Elmo, Montana, a minimum annual income of
$146,520 for a family, and
$47,600 for a single person is recommended.
What does A.I. say about Elmo?
Elmo, MT is a great place to live for those looking for a low cost of living. The median home price in Elmo is just over $220,000, which is significantly lower than the national average of $231,200. Additionally, rent prices in Elmo are quite affordable with an average monthly rent of just $945. The cost of groceries in Elmo is also extremely reasonable at an estimated 11% less than the national average. All together, these factors make Elmo an ideal location for anyone looking to keep their expenses down while still enjoying all the benefits of small-town living.