Housing costs in Grinnell?
A typical home costs
$182,700, which is 46.0% less expensive than the national average of
$338,100 and 6.3% less expensive than the average Iowa home, at
$194,900. Renting a two-bedroom unit in Grinnell costs
$930 per month, which is 35.0% 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, Iowa, a minimum annual income of
$34,920 for a family, and
$32,000 for a single person is recommended.
What does A.I. say about Grinnell?
Grinnell, IA is a small town with a cost of living that is quite affordable. The median home price in Grinnell is $155,100 which is well below the national average and the median household income is $46,424. Groceries and other everyday items are also reasonably priced making it easy for residents to make ends meet. Additionally, there are no income or sales taxes in Grinnell which helps to keep costs down. All in all, living in Grinnell can be an affordable experience with a great quality of life.