Housing costs in Elgin?
A typical home costs
$332,500, which is 1.7% less expensive than the national average of
$338,100 and 11.7% more expensive than the average Texas home, at
$297,600. Renting a two-bedroom unit in Elgin costs
$1,280 per month, which is 0.0% cheaper than the national average of
$1,280 and 27.3% cheaper than the state average of
$1,630.
Can I afford Elgin?
To live comfortably in Elgin (zip 78621), Texas, a minimum annual income of
$63,720 for a family, and
$43,600 for a single person is recommended.
What does A.I. say about Elgin?
The cost of living in 78621 Elgin, TX is quite reasonable. The median home value in the area is around $146,000, which is significantly lower than the national average. Additionally, the median household income is approximately $51,000 and the cost of living index is 95.4, making it an affordable place to live. There are a variety of different housing options available from single-family homes to apartments and townhouses. Food costs are also relatively low with a wide selection of grocery stores and markets in the area, as well as a number of restaurants and eateries offering a variety of cuisines. In short, 78621 Elgin provides residents with an affordable cost of living that makes it attractive for those who are looking for a great place to call home.