Grimes, IA Cost Of Living

Demographics | Cost Of Living
Updated: 2023-11-15

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 98, with 100 being the average.

  • The cost of living index in Grimes is 1.0x lower than the national average.

  • Grimes ranks as the #70 cheapest in Iowa out of 80.

  • Grimes ranks as the #2,890 cheapest out of 6,412 in the US.

  • The median home value in Grimes is $238,600.

  • The median income in Grimes is $90,456.

Table Of Contents

  1. Summary
  2. National Comparison
  3. Housing Breakdown
  4. Detailed Pricing
  5. Nearby Comparisons
98
Grimes's Overall Cost Of Living
1.0x
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 98, 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 89.

The standard of living in Grimes ranks as #70 most affordable out of the 80 places we measured in Iowa. By definition, that implies Grimes ranks as the #10 most expensive place in the Hawkeye State.

For more reading on life in Grimes, check out:

70 out of 80
In Iowa
2,890 out of 6,412
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 93.

  • The Groceries index in Grimes is 96.

  • The Health index in Grimes is 91.

  • The Housing index in Grimes is 103.

  • The Transportation index in Grimes is 98.

  • The Utilities index in Grimes is 91.

Living Expense Grimes Iowa National Average
Overall 98 89 100
Services 93 95 100
Groceries 96 98 100
Health 91 99 100
Housing 103 73 100
Transportation 98 98 100
Utilities 91 94 100
For more reading on cost of living around Iowa, check out:
Grimes Cost of Living Vs. IA

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 2017-2021. The key points are:

  • The Median Home Value in Grimes is $238,600.

  • The Median Rent in Grimes is $934.

  • The Median Income in Grimes is $90,456.

  • The Home Value To Income in Grimes is 2.6x.

  • The Rent To Monthly Income in Grimes is 0.12x.

Statistic Grimes Iowa United States
Median Home Value $238,600 $160,700 $244,900
Median Rent $934 $845 $1,163
Median Income $90,456 $65,429 $69,021
Home Value To Income 2.6x 2.5x 3.5x
Rent To Monthly Income 0.12x 0.15x 0.2x
Search Homes For Sale In Grimes, IA
$238,600
Median Home Value
$934
Median Rent
$90,456
Median Income

Grimes, IA Costs By Category

Detailed Grimes Services Costs Vs. Iowa

Item Grimes Iowa
Shampoo $1.23 $1.06
Movie $8.99 $10.68
Bowling $16.34 $14.67
Haircut $17.02 $18.62
Beauty Salon $32.13 $39.05

Detailed Grimes Groceries Costs Vs. Iowa

Item Grimes Iowa
Ground Beef $3.15 $4.22
Fried Chicken $1.51 $1.39
Milk $2.18 $2.05
Potatoes $2.25 $3.29
Pizza $9.99 $10.62
Beer $8.94 $9.38
Toothpaste $1.81 $2.34

Detailed Grimes Health Costs Vs. Iowa

Item Grimes Iowa
Optometrist $108.45 $108.57
Doctor $110.85 $116.17
Dentist $82.19 $99.13

Detailed Grimes Transportation Costs Vs. Iowa

Item Grimes Iowa
Gasoline $2.17 $2.22
Tire Balancing $49.09 $50.07

Detailed Grimes Utilities Costs Vs. Iowa

Item Grimes Iowa
All Electricity $135.13 $167.67
Phone $180.81 $175.64

Grimes SnackAbility

7
/10
Overall SnackAbility
Jobs
8/10
Housing
8
Affordability
8.5
Diversity
5
Safety
N/A
Amenities
8
Education
9
Commute
9

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:

  • West Des Moines, IA has a cost of living index of 99, 1.0x Grimes.

  • Ankeny, IA has a cost of living index of 96, 1.0x Grimes.

  • Urbandale, IA has a cost of living index of 99, 1.0x Grimes.

City Population Cost Of Living Vs. Grimes
West Des Moines, IA 67,640 99 1.0x
Ankeny, IA 66,346 96 1.0x
Urbandale, IA 45,037 99 1.0x
Waukee, IA 23,441 95 1.0x
Johnston, IA 23,418 104 1.1x
Altoona, IA 19,345 93 0.9x
Clive, IA 18,323 102 1.0x
Norwalk, IA 12,592 91 0.9x
Pleasant Hill, IA 10,203 94 1.0x
Perry, IA 7,836 84 0.9x

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