Cost of Living in Granville, IA
Housing
The housing market plays a significant role in determining the cost of living in Granville, IA.
- Housing Index: 94.2 / 100
- Median Home Price is: $155,000
- Average Rent (2 BR Apartment): $1132 per month
- Average Rent (2 BR House): $1230 per month
Considering relocating to Granville, IA? Based on the provided data, the median home price is an appealing 155000, suggesting relatively affordable homeownership opportunities. However, both the housing index and average rents for 2-bedroom apartments and houses are currently at 0.0, which may indicate either a housing shortage or insufficient data. It's essential to connect with local real estate agents or community forums to assess the housing market dynamics. Remember, living costs like utilities, property taxes, and local amenities are equally crucial when contemplating a move.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Granville, IA.
- Electricity Price: $14.82 USD (median by state)
- Natural Gas Price: $15.61 USD per Thousand Cubic Feet (median by state)
- Other Utilities (water, garbage, etc.): $221 per month
Living in Granville, IA could entail higher utility costs. Electricity costs sit at $14.82, while natural gas is priced at $15.61 per Thousand Cubic Feet — both aligning with state medians. Expect to budget about $221 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 Granville is a financially viable option for your relocation.