Grimes, IA Cost Of Living
Cost Of Living In Grimes, IA Summary
Cost of living in Grimes research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Grimes is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in Iowa, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:
The cost of living index in Grimes is 98, with 100 being the average.
The cost of living index in Grimes is 1.0x lower than the national average.
Grimes ranks as the #70 cheapest in Iowa out of 80.
Grimes ranks as the #2,890 cheapest out of 6,412 in the US.
The median home value in Grimes is $238,600.
The median income in Grimes is $90,456.
Table Of Contents
Grimes's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Grimes, IA?
According to the most recent data on the cost of living, Grimes has an overall cost of living index of 98, which is 1.0x lower than the national index of 100.
Compared to Iowa, Grimes has a cost of living index that's 1.1x higher than Iowa's index of 89.
The standard of living in Grimes ranks as #70 most affordable out of the 80 places we measured in Iowa. By definition, that implies Grimes ranks as the #10 most expensive place in the Hawkeye State.
For more reading on life in Grimes, check out:
- Living In Grimes
- Search Homes For Sale In Grimes, IA
In Iowa
In America
Grimes Cost Of Living Vs. Iowa
Six factors go into calculating the cost of living index in Grimes. Here is how it fairs on each of the criteria:
The Services index in Grimes is 93.
The Groceries index in Grimes is 96.
The Health index in Grimes is 91.
The Housing index in Grimes is 103.
The Transportation index in Grimes is 98.
The Utilities index in Grimes is 91.
| Living Expense | Grimes | Iowa | National Average | |
|---|---|---|---|---|
| Overall | 98 | 89 | 100 | |
| Services | 93 | 95 | 100 | |
| Groceries | 96 | 98 | 100 | |
| Health | 91 | 99 | 100 | |
| Housing | 103 | 73 | 100 | |
| Transportation | 98 | 98 | 100 | |
| Utilities | 91 | 94 | 100 | |
Grimes, IA Housing Cost Breakdown
Housing swings affordability the most between places in Iowa, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2017-2021. The key points are:
The Median Home Value in Grimes is $238,600.
The Median Rent in Grimes is $934.
The Median Income in Grimes is $90,456.
The Home Value To Income in Grimes is 2.6x.
The Rent To Monthly Income in Grimes is 0.12x.
| Statistic | Grimes | Iowa | United States |
|---|---|---|---|
| Median Home Value | $238,600 | $160,700 | $244,900 |
| Median Rent | $934 | $845 | $1,163 |
| Median Income | $90,456 | $65,429 | $69,021 |
| Home Value To Income | 2.6x | 2.5x | 3.5x |
| Rent To Monthly Income | 0.12x | 0.15x | 0.2x |
Median Home Value
Median Rent
Median Income
Grimes, IA Costs By Category
Detailed Grimes Services Costs Vs. Iowa
Detailed Grimes Groceries Costs Vs. Iowa
Detailed Grimes Health Costs Vs. Iowa
Detailed Grimes Transportation Costs Vs. Iowa
Detailed Grimes Utilities Costs Vs. Iowa
Grimes SnackAbility
/10
Cost Of Living In Cities Around Grimes
The cost of living varies in the cities and towns around Grimes. Here's a quick look at the cost of living in the most populous nearby places:
West Des Moines, IA has a cost of living index of 99, 1.0x Grimes.
Ankeny, IA has a cost of living index of 96, 1.0x Grimes.
Urbandale, IA has a cost of living index of 99, 1.0x Grimes.
| City | Population | Cost Of Living | Vs. Grimes |
|---|---|---|---|
| West Des Moines, IA | 67,640 | 99 | 1.0x |
| Ankeny, IA | 66,346 | 96 | 1.0x |
| Urbandale, IA | 45,037 | 99 | 1.0x |
| Waukee, IA | 23,441 | 95 | 1.0x |
| Johnston, IA | 23,418 | 104 | 1.1x |
| Altoona, IA | 19,345 | 93 | 0.9x |
| Clive, IA | 18,323 | 102 | 1.0x |
| Norwalk, IA | 12,592 | 91 | 0.9x |
| Pleasant Hill, IA | 10,203 | 94 | 1.0x |
| Perry, IA | 7,836 | 84 | 0.9x |
