Denison, IA vs Grimes, IA

There is a significant gap in the cost of living between these two cities. Denison is 26.6% cheaper than Grimes. With a cost index of 66 vs 91, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Denison to Grimes should plan for substantially higher expenses across most categories.

On the housing front, median rent in Denison is $770/month compared to $1,156/month in Grimes — a 33% difference. Home values follow the same pattern: Denison is more affordable at $137,600 median vs $281,000.

Median household income in Denison is $63,850 compared to $104,497 in Grimes (-38.9%). While Grimes is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Denison spend roughly 14.5% of their income on rent, more than the 13.3% in Grimes.