Housing costs in Elkton?
A typical home costs
$241,800, which is 28.5% less expensive than the national average of
$338,100 and 29.5% less expensive than the average Virginia home, at
$343,200. Renting a two-bedroom unit in Elkton costs
$950 per month, which is 32.1% cheaper than the national average of
$1,400 and 8.4% cheaper than the state average of
$1,030.
Can I afford Elkton?
To live comfortably in Elkton (zip 22827), Virginia, a minimum annual income of
$46,440 for a family, and
$28,800 for a single person is recommended.
What does A.I. say about Elkton?
The cost of living in 22827 Elkton, VA is relatively low compared to other areas in Virginia. The median home value in the area is around $162,000, and the estimated median household income is around $41,500. While groceries can be slightly more expensive than some of the surrounding areas, overall this zip code boasts a low cost of living and offers great value for those looking to move or live here. Additionally, there are plenty of affordable housing options like single-family homes and apartments that fit any budget.