Grinnell, IA Cost Of Living

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Updated: 2020-03-08
Grinnell's Overall Cost Of Living
Lower Than The National Average
The cost of living index is set to 100 for the average place in America. An index above 100 means Grinnell is expensive, while a number below 100 means it's a relatively cheap place to live.

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 88 which is 0.9x lower than the national index of 100.

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

The standard of living in Grinnell ranks as #1324 most affordable out of the 6522 places we measured in Iowa. By definition, that implies Grinnell ranks as the #5083 most expensive place in the Hawkeye State.

For more reading on life in Grinnell, check out:

Grinnell Cost Of Living Vs. Iowa

Living Expense Grinnell Iowa National Average
Overall 88 90 100
Services 93 96 100
Groceries 95 98 100
Health 96 100 100
Housing 75 73 100
Transportation 102 101 100
Utilities 89 98 100
For more reading on cost of living around Iowa, check out:
Grinnell Cost of Living Vs. IA

Grinnell, IA Housing Cost Breakdown

Housing swings affordability the most between places in Iowa, so we broke down the statistics around housing costs into more detail. It's also important to consider median household incomes to make apples-to-apples comparisons across locations.

Home and income come data comes from the most recent US Census ACS 2014-2018.

Median Home Value
Median Rent
Median Income
Statistic Grinnell Iowa United States
Median Home Value $137,400 $142,300 $204,900
Median Rent $716 $766 $1,023
Median Income $43,608 $58,580 $60,293
Home Value To Income 3.2x 2.4x 3.4x
Rent To Monthly Income 0.2x 0.16x 0.2x

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Cost Of Living In Cities Around Grinnell

City Population Cost Of Living Vs. Grinnell
Des Moines, IA 215,932 87 1.0x
Ankeny, IA 59,152 96 1.1x
Marshalltown, IA 27,275 87 1.0x
Altoona, IA 17,936 93 1.1x
Newton, IA 15,167 84 1.0x
Pella, IA 10,273 93 1.1x
Pleasant Hill, IA 9,736 96 1.1x
Knoxville, IA 7,200 82 0.9x
Nevada, IA 6,798 89 1.0x
Vinton, IA 5,124 90 1.0x

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