Älgaryd is a village in Nässjö Municipality, in Jönköping County, Sweden. Älgaryd lies at 344 m above sea level. The nearest city is Jönköping, 30 km to the northwest. Among the landmarks around are Nydala Abbey (33 km), Almesåkra Church (6.3 km) and Malmbäck Church (4.8 km).
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