Cost of Living in Granville, IA
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
103.1
100 = national avg
+3.1 vs national average
Living Wage (1 Adult)
$45,383
per year
Living Wage (Family of 4)
$107,270
per year
Cost Index by Category
Housing102.0
Food102.7
Transportation105.4
Healthcare102.2
Utilities102.0
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$740
per month
2 Bedroom
$971
per month
The overall cost of living index in Granville is 103.1, which is 3.1% above the national average. Housing costs are above the national average at an index of 102.0. A single adult needs to earn approximately $45,383 per year to cover basic expenses.