Cost of Living in Graham, KY
Housing
The housing market plays a significant role in determining the cost of living in Graham, KY.
- Housing Index: 90.0 / 100
- Median Home Price is: $150,000
- Average Rent (2 BR Apartment): $1200 per month
- Average Rent (2 BR House): $1200 per month
When considering moving to Graham, KY, it's important to note a housing index of 90.0 indicates affordability compared to national averages. The median home price is 150000, which suggests a strong market for potential buyers. Additionally, both the average rent for a 2-bedroom apartment and a 2-bedroom house is set at 1200, making this locality appealing for renters as well. This balance of housing costs may attract families and individuals looking to settle down in a cost-effective area while enjoying the local amenities and community lifestyle.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Graham, KY.
- Electricity Price: $12.87 USD (median by state)
- Natural Gas Price: $22.78 USD per Thousand Cubic Feet (median by state)
- Other Utilities (water, garbage, etc.): $200 per month
Living in Graham, KY could entail higher utility costs. Electricity costs sit at $12.87, while natural gas is priced at $22.78 per Thousand Cubic Feet — both aligning with state medians. Expect to budget about $200 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 Graham is a financially viable option for your relocation.