Cost of Living in Grinnell, IA
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
95.9
100 = national avg
-4.1 vs national average
Living Wage (1 Adult)
$42,193
per year
Living Wage (Family of 4)
$99,729
per year
Cost Index by Category
Housing101.6
Food99.2
Transportation71.6
Healthcare99.4
Utilities99.9
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$853
per month
2 Bedroom
$988
per month
The overall cost of living index in Grinnell is 95.9, which is 4.1% below the national average. Housing costs are above the national average at an index of 101.6. A single adult needs to earn approximately $42,193 per year to cover basic expenses.