Cost of Living in Grinnell, IA
Housing
The housing market plays a significant role in determining the cost of living in Grinnell, IA.
- Housing Index: 94.2 / 100
- Median Home Price is: $203,000
- Average Rent (2 BR Apartment): $1132 per month
- Average Rent (2 BR House): $1230 per month
Considering a move to Grinnell, IA? With a housing index of 94.2, the cost of living is relatively moderate. The median home price of 203000 provides an accessible entry point for homebuyers, while the average rent of 1132 for a 2-bedroom apartment and 1230 for a 2-bedroom house shows affordable rental options. Keep in mind, factors like job opportunities, schools, and community amenities can significantly enhance your living experience in this area. Make sure to weigh all these elements in your relocation decision.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Grinnell, IA.
- Electricity Price: $14.82 USD (median by state)
- Natural Gas Price: $15.61 USD per Thousand Cubic Feet (median by state)
- Other Utilities (water, garbage, etc.): $221 per month
Living in Grinnell, IA could entail higher utility costs. Electricity costs sit at $14.82, while natural gas is priced at $15.61 per Thousand Cubic Feet — both aligning with state medians. Expect to budget about $221 monthly for other services like water and garbage. These utility expenses are vital considerations as they directly influence monthly living costs. Comparing these rates to other cities may help ascertain if Grinnell is a financially viable option for your relocation.