Grand Mound, IA vs Guthrie Center, IA

Grand Mound, IA and Guthrie Center, IA have a very similar cost of living, with only a 1.7% difference in their overall index. Grand Mound scores 66 while Guthrie Center scores 68 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in Grand Mound is $733/month compared to $839/month in Guthrie Center — a 13% difference. Interestingly, home values tell a different story: while Grand Mound has cheaper rent, Guthrie Center actually has lower median home values ($117,100 vs $150,500).

Median household income in Grand Mound is $84,286 compared to $67,679 in Guthrie Center (+24.5%). Grand Mound offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Grand Mound spend roughly 10.4% of their income on rent, less than the 14.9% in Guthrie Center.