Housing costs in Granby?
A typical home costs
$246,800, which is 27.0% less expensive than the national average of
$338,100 and 28.4% less expensive than the average Vermont home, at
$344,600. Renting a two-bedroom unit in Granby costs
$850 per month, which is 40.6% more than the national average of
$1,430 and 51.8% more than the state average of
$1,290.
Can I afford Granby?
To live comfortably in Granby, Vermont, a minimum annual income of
$47,160 for a family, and
$30,000 for a single person is recommended.
What does A.I. say about Granby?
Granby, VT is a small town with a relatively low cost of living. The median home value in Granby is around $125,000 and the median monthly rent is only around $800. The overall cost of living index in the area is about 88, which is 12% lower than the national average. This means that basic necessities like food and utilities are generally cheaper than other parts of the country, making it an attractive place for those wishing to keep their costs low but still enjoy a rural lifestyle. Furthermore, there are no state income taxes in Vermont, making living here even more appealing financially.