Cost of Living in Grimes, IA
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
135.4
100 = national avg
+35.4 vs national average
Living Wage (1 Adult)
$59,594
per year
Living Wage (Family of 4)
$140,859
per year
Cost Index by Category
Housing146.7
Food129.9
Transportation103.6
Healthcare123.9
Utilities127.3
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,109
per month
2 Bedroom
$1,318
per month
The overall cost of living index in Grimes is 135.4, which is 35.4% above the national average. Housing costs are above the national average at an index of 146.7. A single adult needs to earn approximately $59,594 per year to cover basic expenses.