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Granger, IA vs Murray, IA

84
Granger
Iowa
VS
+36.3%
62
Murray
Iowa

The cost of living difference between Granger, IA and Murray, IA is dramatic. Murray is 36.3% cheaper than Granger, a gap that translates to thousands of dollars per year in household expenses. Granger has a cost index of 84 while Murray sits at 62, making this one of the more striking comparisons on our site. Relocating between these cities would require a serious reassessment of budget and lifestyle expectations.

On the housing front, median rent in Granger is $923/month compared to $782/month in Murray — a 18% difference. Home values follow the same pattern: Murray is more affordable at $76,300 median vs $290,100.

Median household income in Granger is $112,125 compared to $60,313 in Murray (+85.9%). While Granger is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Granger spend roughly 9.9% of their income on rent, less than the 15.6% in Murray.

Income & Cost

Cost of Living Index
Granger
84
Murray
62
27% cheaper
Median Household Income
Granger
$112,125
46% higher
Murray
$60,313

Housing

Median Rent
Granger
$923
Murray
$782
15% cheaper
Median Home Value
Granger
$290,100
Murray
$76,300
74% cheaper
Population
Granger
1,919
Murray
648

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Granger $2.96
Murray
US $3.07
🥚
Eggs (grade A, large)
Granger $2.42
Murray
US $2.50
🥛
Milk (whole)
Granger $3.89
Murray
US $4.03
🍞
Bread (white)
Granger $1.79
Murray
US $1.85
🍗
Chicken breast
Granger $4.00
Murray
US $4.14
Electricity
Granger $0.17
Murray
US $0.19