Housing costs in Gray?
A typical home costs
$399,400, which is 18.1% more expensive than the national average of
$338,100 and 19.6% more expensive than the average Maine home, at
$334,000. Renting a two-bedroom unit in Gray costs
$1,720 per month, which is 20.3% more than the national average of
$1,430 and 27.3% more than the state average of
$1,250.
Can I afford Gray?
To live comfortably in Gray, Maine, a minimum annual income of
$76,680 for a family, and
$53,600 for a single person is recommended.
What does A.I. say about Gray?
The cost of living in Gray, ME is generally considered to be quite affordable. Last year, the median home price in Gray was reported to be around $200,000, which is significantly lower than many other towns and cities in the area. In addition, the average cost for groceries and utilities are also considered relatively low when compared to the national average. This makes Gray an attractive place for families looking to settle down or retirees looking for a budget-friendly place to call home.