Grinnell, IA Cost Of Living

The latest cost of living statistics for Grinnell. Includes statistics on rent, mortgages, healthcare, and other costs for Grinnell compared to the state and national averages.

Cost of living in Grinnell, Iowa

Cost of living in Grinnell 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 Grinnell 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:

92 Cost of living index 0.9x lower vs US
#45 Cheapest in Iowa (of 85)
#1,359 Cheapest in the U.S. (of 6,489)
$208,193 Median home value
$895 Median rent
$65,320 Median income
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What is the cost of living in Grinnell, IA?

According to the most recent data on the cost of living, Grinnell has an overall cost of living index of 92, which is 0.9x lower than the national index of 100.

Compared to Iowa, Grinnell has a cost of living index that's 1.0x higher than Iowa's index of 90.

The standard of living in Grinnell ranks as #45 most affordable out of the 85 places we measured in Iowa. By definition, that implies Grinnell ranks as the #40 most expensive place in the Hawkeye State.

For more reading on life in Grinnell, check out:

Grinnell Cost Of Living Vs. Iowa

Six factors go into calculating the cost of living index in Grinnell. Here is how it fares on each of the criteria:

  • The Services index in Grinnell is 100.

  • The Groceries index in Grinnell is 92.

  • The Health index in Grinnell is 80.

  • The Housing index in Grinnell is 93.

  • The Transportation index in Grinnell is 99.

  • The Utilities index in Grinnell is 90.

Living Expense Grinnell Iowa National Average
Overall 92 90 100
Services 100 99 100
Groceries 92 95 100
Health 80 75 100
Housing 93 97 100
Transportation 99 93 100
Utilities 90 94 100

Grinnell Cost Of Living Compared To Iowa Averages

Services
Grinnell 100
Iowa avg 99
Groceries
Grinnell 92
Iowa avg 95
Health
Grinnell 80
Iowa avg 75
Housing
Grinnell 93
Iowa avg 97
Transportation
Grinnell 99
Iowa avg 93
Utilities
Grinnell 90
Iowa avg 94

Index where 100 = national average. Source: cost-of-living index 2026.

For more reading on cost of living around Iowa, check out:

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Source: Cost-of-living index 2026, normalized to US average = 100

Grinnell, IA Housing Cost Breakdown

$208,193Median Home Value
$895Median Rent
$65,320Median Income

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 2020-2024. The key points are:

  • The Median Home Value in Grinnell is $208,193.

  • The Median Rent in Grinnell is $895.

  • The Median Income in Grinnell is $65,320.

  • The Home Value To Income in Grinnell is 3.2x.

  • The Rent To Monthly Income in Grinnell is 0.16x.

Statistic Grinnell Iowa United States
Median Home Value $208,193 $231,584 $332,700
Median Rent $895 $972 $1,413
Median Income $65,320 $75,059 $80,734
Home Value To Income 3.2x 3.1x 4.1x
Rent To Monthly Income 0.16x 0.16x 0.21x

Grinnell, IA Costs By Category

Detailed Grinnell Services costs vs. Iowa
Item Grinnell Iowa
Shampoo $1.35 $1.28
Movie $11.17 $12.13
Bowling $20.87 $18
Haircut $20.63 $24.26
Beauty Salon $41.0 $45.56
Detailed Grinnell Groceries costs vs. Iowa
Item Grinnell Iowa
Ground Beef $6.36 $5.84
Fried Chicken $1.38 $1.57
Milk $4.82 $4.67
Potatoes $4.81 $4.93
Pizza $11.84 $12.09
Beer $9.82 $10.41
Toothpaste $3.69 $3.7
Detailed Grinnell Health costs vs. Iowa
Item Grinnell Iowa
Optometrist $125.17 $125.68
Doctor $129.05 $135.78
Dentist $96.6 $113.29
Detailed Grinnell Transportation costs vs. Iowa
Item Grinnell Iowa
Gasoline $3.19 $3.46
Tire Balancing $52.49 $59.92
Detailed Grinnell Utilities costs vs. Iowa
Item Grinnell Iowa
All Electricity $154.71 $193.99
Phone $186.87 $192.25

Grinnell SnackAbility

7Overall SnackAbility
Jobs 6/10
Housing 6/10
Affordability 8/10
Diversity 6/10
Safety 6/10
Amenities 8/10
Education 8.5/10
Commute 10/10

Cost Of Living In Cities Around Grinnell

The cost of living varies in the cities and towns around Grinnell. Here's a quick look at the cost of living in the most populous nearby places:

  • Des Moines, IA has a cost of living index of 90, 1.0x Grinnell.

  • Ankeny, IA has a cost of living index of 106, 1.2x Grinnell.

  • Marshalltown, IA has a cost of living index of 83, 0.9x Grinnell.

City Population Cost Of Living Vs. Grinnell
Des Moines, IA 212,421 90 1.0x
Ankeny, IA 72,615 106 1.2x
Marshalltown, IA 27,626 83 0.9x
Altoona, IA 21,495 99 1.1x
Newton, IA 15,700 90 1.0x
Pleasant Hill, IA 11,136 103 1.1x
Pella, IA 10,720 100 1.1x
Knoxville, IA 7,473 84 0.9x
Nevada, IA 6,983 89 1.0x