Housing costs in Gratiot?
A typical home costs
$122,600, which is 63.7% less expensive than the national average of
$338,100 and 37.8% less expensive than the average Ohio home, at
$197,000. Renting a two-bedroom unit in Gratiot costs
$1,080 per month, which is 10.2% more than the national average of
$980 and 6.5% cheaper than the state average of
$1,150.
Can I afford Gratiot?
To live comfortably in Gratiot (zip 43740), Ohio, a minimum annual income of
$23,400 for a family, and
$35,200 for a single person is recommended.
What does A.I. say about Gratiot?
The cost of living in 43740 Gratiot, OH is quite reasonable. It is slightly below the national average, and the median home value sits at $71,500. Utilities are affordable as well, with electricity costing an average of around 10 cents per kilowatt-hour. Groceries are also relatively inexpensive compared to other parts of the country. Overall, 43740 Gratiot offers a great quality of life at an affordable price.