Cost of Living in Grayling, MI
Housing
The housing market plays a significant role in determining the cost of living in Grayling, MI.
- Housing Index: Data is updating
- Median Home Price is: $134,000
- Average Rent (2 BR Apartment): Data is updating
- Average Rent (2 BR House): Data is updating
Considering moving to Grayling, MI? With a median home price of $134,000, the housing market shows promising affordability compared to national averages. However, the housing index and rentals for 2-bedroom apartments and houses are showing at zero, indicating either a lack of available data or a niche market. Thus, potential buyers should investigate local listings and the rental market, which might offer alternatives, especially if choosing to live in a 2-bedroom house or apartment. This could reflect a hidden opportunity in a potentially low-cost living area.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Grayling, MI.
- Electricity Price: $19.88 USD (median by state)
- Natural Gas Price: $15.42 USD per Thousand Cubic Feet (median by state)
- Other Utilities (water, garbage, etc.): Data is updating
Living in Grayling, MI could entail higher utility costs. Electricity costs sit at $19.88, while natural gas is priced at $15.42 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 Grayling is a financially viable option for your relocation.