Housing costs in Gray?
A typical home costs
$396,000, which is 17.1% more expensive than the national average of
$338,100 and 18.6% more expensive than the average Maine home, at
$334,000. Renting a two-bedroom unit in Gray costs
$1,770 per month, which is 23.8% more than the national average of
$1,430 and 29.4% more than the state average of
$1,250.
Can I afford Gray?
To live comfortably in Gray (zip 04039), Maine, a minimum annual income of
$75,960 for a family, and
$54,800 for a single person is recommended.
What does A.I. say about Gray?
Gray, Maine is an area that offers a relatively low cost of living compared to other parts of the country. The median household income is significantly lower than the national average at just over $55,000 per year. Property taxes are also lower than the state average, coming in at around 1.7%. Utilities and transportation are also affordable with the electricity rate being slightly below the national average. Finally, groceries in Gray are well priced and there are plenty of restaurants to choose from for dining out. Overall, Gray is an attractive place for those looking to reduce their cost of living without sacrificing on quality of life.