Housing costs in Granite?
A typical home costs
$979,200, which is 189.6% more expensive than the national average of
$338,100 and 91.8% more expensive than the average Utah home, at
$510,600. Renting a two-bedroom unit in Granite costs
$2,230 per month, which is 55.9% more than the national average of
$1,430 and 42.6% more than the state average of
$1,280.
Can I afford Granite?
To live comfortably in Granite, Utah, a minimum annual income of
$187,560 for a family, and
$74,800 for a single person is recommended.
What does A.I. say about Granite?
The cost of living in Granite, UT is quite reasonable. The median home cost is around $210,000 and the median rental prices range from $824 to $1,500 per month. Utilities are generally relatively low compared to other areas in the country, with an average monthly electricity bill ranging from $95-$125. In addition, grocery costs are slightly lower than the national average as well. All of these factors make Granite a great place to live for those looking for an affordable place to call home.