Grand Mound, IA vs Urbana, IA

Grand Mound is moderately more affordable than Urbana, with a 9.6% lower cost of living index. Grand Mound scores 66 compared to 73 for Urbana, where the US average is 100. This difference means residents of Urbana can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Grand Mound is $733/month compared to $776/month in Urbana — a 6% difference. Home values follow the same pattern: Grand Mound is more affordable at $150,500 median vs $224,100.

Median household income in Grand Mound is $84,286 compared to $112,672 in Urbana (-25.2%). While Urbana is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Grand Mound spend roughly 10.4% of their income on rent, more than the 8.3% in Urbana.