Zip 50108 (Grand River, IA) Cost of Living


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United States / Iowa / No Metro Area / Decatur County / Grand River / Grand River (zip 50108)
How much do I need to live in Grand River, Iowa?
$1,140 / month
for a family, 78.9% less expensive than the national average A total of $13,680 for the year for a family.
$1,833 / month
for a single person, 61.5% less expensive than the national average A total of $22,000 for the year for a single person.

Grand River cost of living score
73
Less expensive
27.0% lower
than the US average
8.9% lower
than the Iowa average
Grand River (zip 50108), Iowa gets a BestPlaces Cost of Living score of 73, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 27.0% lower than the U.S. average and 8.9% higher than the average for Iowa.

Zip 50108 (Grand River, IA)

Housing costs in Grand River?
A typical home costs $71,600, which is 78.8% less expensive than the national average of $338,100 and 63.3% less expensive than the average Iowa home, at $194,900. Renting a two-bedroom unit in Grand River costs $720 per month, which is 49.7% cheaper than the national average of $1,430 and 29.2% cheaper than the state average of $930.

Can I afford Grand River?
To live comfortably in Grand River (zip 50108), Iowa, a minimum annual income of $13,680 for a family, and $22,000 for a single person is recommended.

What does A.I. say about Grand River?
The cost of living in 50108 Grand River, IA is relatively low, making it an attractive option for families and individuals who are looking to relocate. According to the information provided, the average home price is $99,000, which is much lower than the national median. Additionally, groceries and healthcare expenses are both below average compared to the rest of the United States. Renting costs are also very reasonable with a one-bedroom apartment averaging around $530 per month. All in all, living in this small town can be quite affordable without sacrificing quality of life.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesGrand RiverIowaUnited States
    Unlock80.1100.0
  90.9  Unlock100.0
    Unlock108.2100.0
  31.0  Unlock100.0
    Unlock$194,900$338,100
  102.1  Unlock100.0
    Unlock71.4100.0
  81.8  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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