Grimes, IA Cost Of Living
Cost Of Living In Grimes, IA Summary
Cost of living in Grimes research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Grimes is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in Iowa, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:
The cost of living index in Grimes is 99, with 100 being the average.
The cost of living index in Grimes is 1.0x lower than the national average.
Grimes ranks as the #66 cheapest in Iowa out of 85.
Grimes ranks as the #2,497 cheapest out of 6,489 in the US.
The median home value in Grimes is $349,908.
The median income in Grimes is $104,497.
Table Of Contents
Grimes's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Grimes, IA?
According to the most recent data on the cost of living, Grimes has an overall cost of living index of 99, which is 1.0x lower than the national index of 100.
Compared to Iowa, Grimes has a cost of living index that's 1.1x higher than Iowa's index of 90.
The standard of living in Grimes ranks as #66 most affordable out of the 85 places we measured in Iowa. By definition, that implies Grimes ranks as the #19 most expensive place in the Hawkeye State.
For more reading on life in Grimes, check out:
In Iowa
In America
Grimes Cost Of Living Vs. Iowa
Six factors go into calculating the cost of living index in Grimes. Here is how it fairs on each of the criteria:
The Services index in Grimes is 94.
The Groceries index in Grimes is 98.
The Health index in Grimes is 94.
The Housing index in Grimes is 112.
The Transportation index in Grimes is 92.
The Utilities index in Grimes is 88.
| Living Expense | Grimes | Iowa | National Average | |
|---|---|---|---|---|
| Overall | 99 | 90 | 100 | |
| Services | 94 | 96 | 100 | |
| Groceries | 98 | 97 | 100 | |
| Health | 94 | 99 | 100 | |
| Housing | 112 | 75 | 100 | |
| Transportation | 92 | 99 | 100 | |
| Utilities | 88 | 94 | 100 | |
Grimes, IA Housing Cost Breakdown
Housing swings affordability the most between places in Iowa, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2019-2023. The key points are:
The Median Home Value in Grimes is $349,908.
The Median Rent in Grimes is $1,156.
The Median Income in Grimes is $104,497.
The Home Value To Income in Grimes is 3.3x.
The Rent To Monthly Income in Grimes is 0.13x.
Median Home Value
Median Rent
Median Income
Grimes, IA Costs By Category
Detailed Grimes Services Costs Vs. Iowa
Detailed Grimes Groceries Costs Vs. Iowa
Detailed Grimes Health Costs Vs. Iowa
Detailed Grimes Transportation Costs Vs. Iowa
Detailed Grimes Utilities Costs Vs. Iowa
Grimes SnackAbility
/10
Cost Of Living In Cities Around Grimes
The cost of living varies in the cities and towns around Grimes. Here's a quick look at the cost of living in the most populous nearby places:
Ankeny, IA has a cost of living index of 101, 1.0x Grimes.
West Des Moines, IA has a cost of living index of 102, 1.0x Grimes.
Urbandale, IA has a cost of living index of 103, 1.0x Grimes.
| City | Population | Cost Of Living | Vs. Grimes |
|---|---|---|---|
| Ankeny, IA | 70,542 | 101 | 1.0x |
| West Des Moines, IA | 69,893 | 102 | 1.0x |
| Urbandale, IA | 46,026 | 103 | 1.0x |
| Waukee, IA | 26,974 | 106 | 1.1x |
| Johnston, IA | 24,196 | 109 | 1.1x |
| Altoona, IA | 20,592 | 97 | 1.0x |
| Clive, IA | 18,776 | 109 | 1.1x |
| Norwalk, IA | 13,610 | 99 | 1.0x |
| Pleasant Hill, IA | 10,796 | 102 | 1.0x |
| Perry, IA | 7,928 | 88 | 0.9x |
