Housing costs in Grinnell?
A typical home costs
$196,900, which is 41.8% less expensive than the national average of
$338,100 and 1.0% more expensive than the average Iowa home, at
$194,900. Renting a two-bedroom unit in Grinnell costs
$920 per month, which is 35.7% cheaper than the national average of
$1,430 and close to the state average of
$930.
Can I afford Grinnell?
To live comfortably in Grinnell (zip 50112), Iowa, a minimum annual income of
$37,800 for a family, and
$31,600 for a single person is recommended.
What does A.I. say about Grinnell?
The cost of living in 50112 Grinnell, IA is very affordable compared to most other cities in the United States. According to BestPlaces, the cost of living index for Grinnell is 79.4, which is slightly lower than the national average of 100. The median home price for Grinnell is around $126,400, which is well below the median prices for Iowa and the US as a whole. Additionally, groceries, utilities and health care all tend to be relatively inexpensive when compared to the rest of the country. All things considered, 50112 Grinnell is a great place to live if you are looking for an affordable cost of living without sacrificing quality of life or safety.