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Cost of Living in Edom

Is it better to rent or buy in Edom? Explore median costs, utility estimates, and run the numbers on your own budget to see how far your income goes.

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Rent vs. Buy Affordability Calculator

Adjust the sliders to match your scenario. We recommend keeping total housing costs under 40% of your gross income.

$59,284
$1,075/mo

Median in area: $1,075

$229,300

Median in area: $229,300

$45,860

If you Rent

$1,166 /mo
Base Rent$1,075
Est. Utilities$91
% of Income23.6%
Pre-tax Residual$3,774

If you Buy

$1,606 /mo
P&I (6.96%)$1,216
Taxes & Ins$299
Est. Utilities$91
% of Income32.5%
Pre-tax Residual$3,335

Cost of Living FAQs

Is it cheaper to rent or buy in Edom?›

Based on median housing data, renting is currently more affordable on a monthly basis in Edom. The estimated all-in monthly cost for renting is $1,166, while owning a median-priced home with a 20% down payment is roughly $1,606 per month (a difference of $440).

How much do utilities cost in Edom?›

The average monthly utility cost (electricity and natural gas) for a typical home in Edom is approximately $91. This estimate uses local utility rate schedules combined with median energy consumption profiles.

What is a good salary to live comfortably in Edom?›

To comfortably afford the median rent and utilities in Edom without exceeding the recommended 30% housing-to-income threshold, a household should earn a gross salary of approximately $46,640 per year.