Cost of Living in Grady, AL
Housing
The housing market plays a significant role in determining the cost of living in Grady, AL.
- Housing Index: Data is updating
- Median Home Price is: $150,000
- Average Rent (2 BR Apartment): Data is updating
- Average Rent (2 BR House): Data is updating
When considering a move to Grady, AL, prospective residents may find the housing market inviting, indicated by the median home price of 150000. However, the current housing index of 0.0 suggests significant challenges in terms of rental availability or affordability, as both the average rent for a 2-bedroom apartment and a 2-bedroom house stand at 0.0 and 0.0, respectively. This may imply a tight rental market, making purchasing a home potentially more appealing. Keep in mind that local amenities, job market, and community factors also play vital roles in decision-making.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Grady, AL.
- Electricity Price: $15.03 USD (median by state)
- Natural Gas Price: $21.76 USD per Thousand Cubic Feet (median by state)
- Other Utilities (water, garbage, etc.): Data is updating
Living in Grady, AL could entail higher utility costs. Electricity costs sit at $15.03, while natural gas is priced at $21.76 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 Grady is a financially viable option for your relocation.