Cost of Living in Grace, ID
Housing
The housing market plays a significant role in determining the cost of living in Grace, ID.
- Housing Index: Data is updating
- Median Home Price is: $250,000
- Average Rent (2 BR Apartment): Data is updating
- Average Rent (2 BR House): Data is updating
Analyzing the real estate data for Grace, ID, we see a noteworthy median home price of 250000. However, the housing index and average rents for both 2-bedroom apartments and houses appear to be at 0.0, which could suggest an underdeveloped rental market or skewed data. This low-cost entry point for homebuyers may attract families and first-time buyers. However, prospective residents should also consider other factors like job market stability, local amenities, and school quality to ensure that moving to Grace aligns with their long-term goals.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Grace, ID.
- Electricity Price: $12.28 USD (median by state)
- Natural Gas Price: $9.87 USD per Thousand Cubic Feet (median by state)
- Other Utilities (water, garbage, etc.): Data is updating
Living in Grace, ID could entail higher utility costs. Electricity costs sit at $12.28, while natural gas is priced at $9.87 per Thousand Cubic Feet — both aligning with state medians. Expect to budget about data unavailable monthly for other services like water and garbage. These utility expenses are vital considerations as they directly influence monthly living costs. Comparing these rates to other cities may help ascertain if Grace is a financially viable option for your relocation.