Housing costs in Elgin?
A typical home costs
$262,800, which is 22.3% less expensive than the national average of
$338,100 and 1.1% more expensive than the average South Carolina home, at
$259,900. Renting a two-bedroom unit in Elgin costs
$1,260 per month, which is 13.5% more than the national average of
$1,110 and 11.9% more than the state average of
$1,110.
Can I afford Elgin?
To live comfortably in Elgin (zip 29045), South Carolina, a minimum annual income of
$50,400 for a family, and
$44,000 for a single person is recommended.
What does A.I. say about Elgin?
The cost of living in 29045 Elgin, SC is generally considered to be quite affordable. The median home value is $157,400, far below the national median of $196,500. This number suggests that there is a wide range of housing options available to people living in this area. The cost of groceries and other necessities are also relatively low when compared to the national average. Additionally, the unemployment rate and crime rate in Elgin are both low compared to the national averages. All these factors make it an attractive place for individuals and families looking to relocate without breaking the bank.