Grafton, IA vs Minden, IA

Grafton is moderately more affordable than Minden, with a 11.3% lower cost of living index. Grafton scores 59 compared to 67 for Minden, where the US average is 100. This difference means residents of Minden can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Grafton is $655/month compared to $700/month in Minden — a 6% difference. Home values follow the same pattern: Grafton is more affordable at $94,600 median vs $163,800.

Median household income in Grafton is $52,188 compared to $94,250 in Minden (-44.6%). While Minden is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Grafton spend roughly 15.1% of their income on rent, more than the 8.9% in Minden.