Cost of Living in Gray, ME
Housing
The housing market plays a significant role in determining the cost of living in Gray, ME.
- Housing Index: 110.0 / 100
- Median Home Price is: $312,000
- Average Rent (2 BR Apartment): $1450 per month
- Average Rent (2 BR House): $1536 per month
When considering a move to Gray, ME, it's important to note the housing index of 110.0 indicates a higher cost of living compared to the national average. With a median home price of 312000, it’s vital to evaluate your budget constraints. Renting may also come at a premium, with an average rent of 1450 for a 2-bedroom apartment and 1536 for a house. Remember, the quality of local schools, amenities, and job opportunities also play crucial roles in your decision, so weigh these factors against your housing options.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Gray, ME.
- Electricity Price: $22.26 USD (median by state)
- Natural Gas Price: $21.63 USD per Thousand Cubic Feet (median by state)
- Other Utilities (water, garbage, etc.): $215 per month
Living in Gray, ME could entail higher utility costs. Electricity costs sit at $22.26, while natural gas is priced at $21.63 per Thousand Cubic Feet — both aligning with state medians. Expect to budget about $215 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 Gray is a financially viable option for your relocation.