Grant, IA Cost of Living


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United States / Iowa / No Metro Area / Montgomery County / Grant / Zip Codes

Grant cost of living score
70.8
Less expensive
29.2% lower
than the US average
11.6% lower
than the Iowa average
Grant, Iowa gets a BestPlaces Cost of Living score of 70.8, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 29.2% lower than the U.S. average and 11.6% higher than the average for Iowa.

Grant, IA

Housing costs in Grant?
A typical home costs $62,900, which is 81.4% less expensive than the national average of $338,100 and 67.7% less expensive than the average Iowa home, at $194,900. Renting a two-bedroom unit in Grant costs $730 per month, which is 49.0% cheaper than the national average of $1,430 and 27.4% cheaper than the state average of $930.

Can I afford Grant?
To live comfortably in Grant, Iowa, a minimum annual income of $11,880 for a family, and $22,400 for a single person is recommended.

What does A.I. say about Grant?
Grant, IA is a small town in Iowa and offers an affordable cost of living. The average cost of housing in Grant is quite low compared to other cities, with the median home value sitting at around $109,000. Additionally, the overall cost of living in Grant is 12 percent lower than the national average, making it an attractive option for those who are looking to save money. The local economy is largely driven by agriculture and manufacturing, so there are plenty of job opportunities available. Furthermore, groceries and utilities are inexpensive due to the small population size and local business environment. All in all, Grant provides a great quality of life at an affordable price.
   Cost of living score
     CategoriesGrantIowaUnited States
  70.880.1100.0
  89.594.4100
  110.0108.2100.0
  10.655.4100.0
  $62,900$194,900$338,100
  104.8%98.5%100.0%
  68.271.4100.0
  82.396.3100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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