Housing costs in Gray?
A typical home costs
$189,900, which is 43.8% less expensive than the national average of
$338,100 and 2.8% more expensive than the average Louisiana home, at
$184,800. Renting a two-bedroom unit in Gray costs
$1,000 per month, which is 30.1% cheaper than the national average of
$1,430 and close to the state average of
$1,000.
Can I afford Gray?
To live comfortably in Gray, Louisiana, a minimum annual income of
$36,360 for a family, and
$31,600 for a single person is recommended.
What does A.I. say about Gray?
The cost of living in Gray, LA is quite reasonable. The overall cost of goods and services is lower than the national average, making it an affordable place to live. Housing costs are particularly low when compared to other areas, with a median home price around $135,000. Other common expenses such as food, transportation, and utilities are also generally lower than the US average. With all of these factors combined, Gray is an attractive option for those looking for a quality place to live on a budget.