Gratz, KY Cost of Living


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United States / Kentucky / No Metro Area / Owen County / Gratz / Zip Codes

Gratz cost of living score
79.8
Less expensive
20.2% lower
than the US average
3.0% lower
than the Kentucky average
Gratz, Kentucky gets a BestPlaces Cost of Living score of 79.8, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 20.2% lower than the U.S. average and 3.0% higher than the average for Kentucky.

Gratz, KY

Housing costs in Gratz?
A typical home costs $117,700, which is 65.2% less expensive than the national average of $338,100 and 39.4% less expensive than the average Kentucky home, at $194,300. Renting a two-bedroom unit in Gratz costs $750 per month, which is 47.6% cheaper than the national average of $1,430 and 22.7% cheaper than the state average of $920.

Can I afford Gratz?
To live comfortably in Gratz, Kentucky, a minimum annual income of $22,680 for a family, and $22,800 for a single person is recommended.

What does A.I. say about Gratz?
Gratz, KY is an affordable place to live with very reasonable cost of living. The median home value in Gratz is $86,800 and the median household income is $37,788. This means that most people can easily afford to buy a house and still have enough left over for other necessities. Additionally, the average rent for a one-bedroom apartment runs at around $545, and the overall cost of groceries in the city tends to be relatively low. Overall, Gratz offers a great quality of life at an affordable price.
   Cost of living score
     CategoriesGratzKentuckyUnited States
  79.882.3100.0
  95.694.2100
  101.4102.2100.0
  16.456.9100.0
  $117,700$194,300$338,100
  94.3%92.9%100.0%
  93.989.1100.0
  77.077.5100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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