Housing costs in Elgin?
A typical home costs
$247,100, which is 26.9% less expensive than the national average of
$338,100 and 41.5% more expensive than the average Oklahoma home, at
$174,600. Renting a two-bedroom unit in Elgin costs
$1,200 per month, which is 29.0% more than the national average of
$930 and 32.5% more than the state average of
$810.
Can I afford Elgin?
To live comfortably in Elgin (zip 73538), Oklahoma, a minimum annual income of
$47,520 for a family, and
$37,200 for a single person is recommended.
What does A.I. say about Elgin?
73538 Elgin, OK has a relatively low cost of living compared to many other areas of the country. According to BestPlaces, the overall cost of living index in Elgin is 74.3, which is considerably lower than the U.S. average of 100. Housing costs are particularly low — a median home value of just $89,500 — as are transportation costs and utility costs. Groceries in Elgin are slightly more expensive than the national average, however the rest of Elgin’s living expenses remain well below the national level. With its modest cost of living and easy access to major cities like Oklahoma City and Tulsa, 73538 Elgin can be an attractive option for those looking for an affordable lifestyle without missing out on big-city amenities.