Housing costs in Grafton?
A typical home costs
$126,800, which is 62.5% less expensive than the national average of
$338,100 and 9.2% less expensive than the average West Virginia home, at
$139,700. Renting a two-bedroom unit in Grafton costs
$1,060 per month, which is 25.9% cheaper than the national average of
$1,430 and 18.9% more than the state average of
$860.
Can I afford Grafton?
To live comfortably in Grafton, West Virginia, a minimum annual income of
$24,120 for a family, and
$34,400 for a single person is recommended.
What does A.I. say about Grafton?
Grafton, WV is a great place to live for families on a budget. The cost of living in Grafton is quite low compared to the rest of the United States. According to recent data provided by Sperling's Best Places, Grafton has an overall cost of living index that is 22.7 percent lower than the nationwide average. This means that residents can expect to pay much less for goods and services such as housing, groceries, transportation, and healthcare when compared to other parts of the country. Additionally, Grafton’s unemployment rate is below the national average and the city boasts a diverse offering of local goods and services at competitive prices. All these factors together make living in Grafton a wise choice for any family looking for an affordable place to call home.