Housing costs in Grafton?
A typical home costs
$131,300, which is 61.2% less expensive than the national average of
$338,100 and 32.6% less expensive than the average Iowa home, at
$194,900. Renting a two-bedroom unit in Grafton costs
$780 per month, which is 16.1% cheaper than the national average of
$930 and 6.4% cheaper than the state average of
$830.
Can I afford Grafton?
To live comfortably in Grafton (zip 50440), Iowa, a minimum annual income of
$25,200 for a family, and
$25,200 for a single person is recommended.
What does A.I. say about Grafton?
The cost of living in 50440 Grafton, IA is relatively low compared to more urban areas. According to BestPlaces's cost of living index, the overall cost of goods and services in Grafton is almost 25% lower than the national average. Housing costs are particularly affordable, with median rent prices being 28% lower than the national average. Grocery and restaurant prices are also very reasonable, with food costing about 10% lower than the average across America. With its low taxes and affordable housing costs, Grafton is an ideal place for anyone looking for a city with an affordable standard of living.