
Housing costs in Grace?
A typical home costs
$258,900, which is 23.4% less expensive than the national average of
$338,100 and 41.8% less expensive than the average Idaho home, at
$445,000. Renting a two-bedroom unit in Grace costs
$830 per month, which is 42.0% cheaper than the national average of
$1,430 and 34.9% cheaper than the state average of
$1,120.
Can I afford Grace?
To live comfortably in Grace (zip 83241), Idaho, a minimum annual income of
$49,680 for a family, and
$25,200 for a single person is recommended.
What does A.I. say about Grace?
The cost of living in 83241 Grace, ID is slightly higher than the national average. According to a recent survey, the city has a median home value of $246,100 with a median rent cost of $1,086 per month. Property taxes in Grace are also on the higher side at an average rate of about 2% of a property’s assessed value. Despite these higher costs, wages are also high and unemployment rates remain low as many local businesses experience growth. For those seeking affordable housing options, there are plenty of rental properties available throughout the city and its surrounding areas that boast reasonable prices for their quality and convenience.