Housing costs in Gorham?
A typical home costs
$120,700, which is 64.3% less expensive than the national average of
$338,100 and 37.8% less expensive than the average Kansas home, at
$194,100. Renting a two-bedroom unit in Gorham costs
$870 per month, which is 39.2% cheaper than the national average of
$1,430 and 11.5% cheaper than the state average of
$970.
Can I afford Gorham?
To live comfortably in Gorham, Kansas, a minimum annual income of
$23,040 for a family, and
$26,400 for a single person is recommended.
What does A.I. say about Gorham?
Gorham, KS offers a low cost of living which is attractive to many people. The median home value in this small town is just $59,100, and the median household income is only $50,406. Utilities are affordable, and groceries are relatively inexpensive. Additionally, there are no state income taxes in Kansas. All of these factors mean that it is easier for residents of Gorham to make ends meet and save money for bigger purchases. Furthermore, local businesses offer goods and services at competitive prices for area residents. In short, it’s easy to stay within your budget when living in Gorham, KS.