Cost of Living in Grand Junction, IA

Cost indexes, living wages, and fair market rents — 2024 Data

Cost of Living Overview

Overall Index

80.5

100 = national avg

-19.5 vs national average

Living Wage (1 Adult)

$35,439

per year

Living Wage (Family of 4)

$83,764

per year

Cost Index by Category

Housing
71.5
Food
90.0
Transportation
79.9
Healthcare
92.0
Utilities
88.3

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$700

per month

2 Bedroom

$919

per month

The overall cost of living index in Grand Junction is 80.5, which is 19.5% below the national average. Housing costs are below the national average at an index of 71.5. A single adult needs to earn approximately $35,439 per year to cover basic expenses.