Zip 50111 (Grimes, IA) Cost of Living


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Grimes cost of living score
86.6
Less expensive
13.4% lower
than the US average
8.1% higher
than the Iowa average
Grimes (zip 50111), Iowa gets a BestPlaces Cost of Living score of 86.6, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 13.4% lower than the U.S. average and 8.1% lower than the average for Iowa.

Zip 50111 (Grimes, IA)

Housing costs in Grimes?
A typical home costs $308,400, which is 8.8% less expensive than the national average of $338,100 and 58.2% more expensive than the average Iowa home, at $194,900. Renting a two-bedroom unit in Grimes costs $1,170 per month, which is 25.8% more than the national average of $930 and 9.4% more than the state average of $1,060.

Can I afford Grimes?
To live comfortably in Grimes (zip 50111), Iowa, a minimum annual income of $59,040 for a family, and $38,800 for a single person is recommended.

What does A.I. say about Grimes?
The cost of living in 50111 Grimes, IA is relatively low compared to other areas of the country. The median home value is $152,300, which is significantly lower than the national median home value of $231,200. Renting a one-bedroom apartment in Grimes costs an average of $817 per month, while the national average for a one-bedroom apartment is about $1,000. Transportation costs are also fairly affordable in Grimes compared to other parts of the nation. Gasoline costs about 8% less than the national average and public transportation services are available through Des Moines Regional Transit Authority (DART). All in all, living in Grimes can be a great way to save money while enjoying all that Iowa has to offer.
   Cost of living score
     CategoriesGrimesIowaUnited States
  86.680.1100.0
  100.694.4100
  102.4108.2100.0
  97.455.4100.0
  $308,400$194,900$338,100
  90.2%98.5%100.0%
  80.971.4100.0
  115.396.3100.0

   100=National Average

   Average Rent by Bedroom Size
Crime