Cost of Living in Grafton, WI
Housing
The housing market plays a significant role in determining the cost of living in Grafton, WI.
- Housing Index: 99.2 / 100
- Median Home Price is: $292,500
- Average Rent (2 BR Apartment): $1325 per month
- Average Rent (2 BR House): $1440 per month
Considering a move to Grafton, WI? The housing index stands at 99.2, indicating a higher-than-average cost of living. With a median home price of 292500, buying may be more feasible if you're looking to settle down. For renters, prices for a 2-bedroom apartment average around 1325, while 2-bedroom houses rent for about 1440. Be aware that rental prices may increase due to demand, so timing and market research are crucial. It's essential to weigh your housing options based on your long-term plans and budget.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Grafton, WI.
- Electricity Price: $17.6 USD (median by state)
- Natural Gas Price: $11.5 USD per Thousand Cubic Feet (median by state)
- Other Utilities (water, garbage, etc.): $231 per month
Living in Grafton, WI could entail higher utility costs. Electricity costs sit at $17.6, while natural gas is priced at $11.5 per Thousand Cubic Feet — both aligning with state medians. Expect to budget about $231 monthly for other services like water and garbage. These utility expenses are vital considerations as they directly influence monthly living costs. Comparing these rates to other cities may help ascertain if Grafton is a financially viable option for your relocation.