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Farmhouse in Elizabeth TownshipPhoto: dok1 · CC BY 2.0
ACost of living
Cost of living in Elizabeth Township

Measured against area pay, Elizabeth Township costs less to live in than 90% of U.S. towns

Census 2020–24 home values, rents, tax bills and cost burden, measured against the median household income of the Huntington-Ashland, WV-KY-OH metro area ($60K). How TownRatings grades cost of living

Typical home value
$79K
OH $215K
Estimate
2-bedroom rent
$1,000
a month, utilities in · HUD
Median tax bill
$854
OH $2,822
Area income (the grade’s yardstick)
$60K
Huntington-area median
Why Elizabeth Township gets an A

The grade compares costs with what households across the Huntington metro earn ($60K, Census 2020–24). The typical home costs 1.3 years of metro income, and 57% of renters pay 30% or more of income for housing.

In dollars

  • $1,000a month for a two-bedroom, utilities includedHUD Fair Market Rent, 2026
  • 88prices across the Huntington metro, where the U.S. is 100 (housing 51)BEA Regional Price Parities, 2024

In paychecks the grade

  • 1.3 yrsof area income buys the typical home; the typical U.S. town: 3.3$60K, Huntington-area income
  • 17%of area income goes to the median rent; the typical U.S. town: 18%Census 2020–24
  • 21%of owners do; the typical U.S. town: 20%Census 2020–24
What stands out

What stands out about housing in Elizabeth Township

Cost of living grade

What’s behind Elizabeth Township’s grade

Measured against what households in the area earn, Elizabeth Township is more affordable than 90% of U.S. towns. Rent pulls the grade down most; home prices hold it up.

All U.S. towns we grade (21,243)More affordable than 90%
CostlierMore affordable
How sure. Elizabeth Township’s Census figures cover about 760 households. At the ends of the Census margins (area income ±$1,323, owners paying 30%+ ±13.2 points), Elizabeth Township could be anywhere from B+ to A+.

How TownRatings grades cost of living →

Affordability

A typical home costs 1.3 years of area income

The calculator starts from the area income the grade uses. Switch to Elizabeth Township’s own median, or type yours.

Household income a year
$
Huntington-area median household income, as in the grade
You could afford about
$228,000
Typical Elizabeth Township home $79K

That covers a typical Elizabeth Township home, with $149K to spare.

The typical home, each month
$480
Loan $390Tax $70Insurance $20

A two-bedroom rents for about $1,000 a month here, $520 more than owning.

Where your budget reaches nearby

An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Elizabeth Township’s typical property tax (1.09% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.

Renting

A two-bedroom rents for about $1,000

Renters already here pay a median of $870, so moving in tends to cost more than staying put.

Fair Market Rent a month, utilities included

Studio$870
1 bedroom$880
2 bedrooms$1,000
3 bedrooms$1,290
4 bedrooms$1,460
10%
of households rent · OH 33%
54
renter households
57%
of renters spend 30%+ of income on rent · OH 46%
20%
of the median income, for a two-bedroom
$870
median rent paid today · Census

U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Huntington-Ashland, WV-KY-OH HUD Metro FMR Area): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.

Property taxes

Property tax runs below the Ohio norm

The median bill is $854 (Ohio: $2,822), 1.09% of a home’s value a year, against 1.31% statewide.

$854
median bill a year · OH $2,822
1.09%
of a home’s value a year · OH 1.31%

Census American Community Survey 2020–24: the median real-estate tax bill homeowners report, and that bill ÷ the median home value. Bills include town, school and county taxes. The Census reports bills over $10,000 only as “$10,000+”.

Beyond rent and mortgage

The rest of a budget near Elizabeth Township

Only figures published free for the whole country, each labeled with the area it covers: the Huntington-Ashland, WV-KY-OH metro area, or Ohio. Groceries follow the goods price level; nobody publishes them town by town.

CostHereCompared withAreaSource
Prices overall
U.S. = 100
88OH 93metroBEA, 2024
Goods (groceries, clothing, cars…)
U.S. = 100
96OH 94metroBEA, 2024
Utilities
U.S. = 100
88OH 96metroBEA, 2024
Other services
U.S. = 100
99OH 99metroBEA, 2024

Price levels: U.S. Bureau of Economic Analysis, Regional Price Parities 2024 (metro area and state). Electricity: U.S. Energy Information Administration, Electric Power Monthly, table 5.6.A.

Next door

Elizabeth Township vs. its neighbors

Zillow publishes no value for Elizabeth Township. Vernon Township and Green Township and Aid Township and Upper Township and Hamilton Township and Decatur Township have no Zillow value, so they are in the table only.

Cost next door · one source per column

TownCostTypical home
Zillow, latest
Median value
Census 2020–24
Tax rate
bill ÷ value
2-bed rent
HUD 2026
Elizabeth TownshipA—$79K1.09%$1,000
Decatur Township–—$83K0.93%$1,020
Upper TownshipB+—$113K0.97%$970
Green TownshipB+—$161K1.06%$990
Hamilton TownshipA—$113K0.96%$970
Vernon TownshipB—$203K0.84%$1,060
Aid Township–—$152K0.99%$1,020

“—” under Zillow: Zillow publishes no value for that town, so it’s left blank rather than mixed with Census figures. “—” under Cost: not graded (too little Census data, or under 1,000 residents).

Questions about the cost of living in Elizabeth Township

Is Elizabeth Township expensive to live in?

Measured against what households in the area earn, Elizabeth Township costs less than 90% of U.S. towns: an A for cost of living. The typical home costs 1.3 years of the median household income of the Huntington-Ashland, WV-KY-OH metro area ($60K).

How much is rent in Elizabeth Township?

HUD puts a two-bedroom at about $1,000 a month with utilities, the going rate for someone moving in. Renters already here pay a median of $870 (Census 2020–24).

What are property taxes in Elizabeth Township?

The median bill is $854 a year, 1.09% of the median home value (Ohio: $2,822, 1.31%), from the Census 2020–24.

Neighbors talk housing

What Elizabeth Township buyers, sellers and renters are saying.

Town Square →
Start the conversation

Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. The calculator is an estimate, not a loan offer. Regional price levels: BEA; electricity: EIA. How TownRatings grades cost of living.