Cost of Living in Grand River, IA
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
65.8
100 = national avg
-34.2 vs national average
Living Wage (1 Adult)
$28,948
per year
Living Wage (Family of 4)
$68,423
per year
Cost Index by Category
Housing61.9
Food77.4
Transportation54.8
Healthcare81.9
Utilities78.8
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$700
per month
2 Bedroom
$919
per month
The overall cost of living index in Grand River is 65.8, which is 34.2% below the national average. Housing costs are below the national average at an index of 61.9. A single adult needs to earn approximately $28,948 per year to cover basic expenses.