Housing costs in Grafton?
A typical home costs
$117,400, which is 65.3% less expensive than the national average of
$338,100 and 51.2% less expensive than the average North Dakota home, at
$240,700. Renting a two-bedroom unit in Grafton costs
$820 per month, which is 42.7% cheaper than the national average of
$1,430 and 12.2% cheaper than the state average of
$920.
Can I afford Grafton?
To live comfortably in Grafton, North Dakota, a minimum annual income of
$22,320 for a family, and
$25,600 for a single person is recommended.
What does A.I. say about Grafton?
The cost of living in Grafton, ND is relatively low compared to other parts of the country. According to Best Places, the cost of living index is 87.6, which is 12.4 points lower than the national average of 100. The median home cost in Grafton is $109,800 and utilities are also well below the national average. Groceries are slightly higher than the national average, but still remain reasonably priced when compared to larger cities around the country. All in all, Grafton offers a great quality of life at a more affordable rate than many other places around the U.S.