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Granger, IA vs Red Oak, IA

84
Granger
Iowa
VS
+33.4%
63
Red Oak
Iowa

The cost of living difference between Granger, IA and Red Oak, IA is dramatic. Red Oak is 33.4% cheaper than Granger, a gap that translates to thousands of dollars per year in household expenses. Granger has a cost index of 84 while Red Oak sits at 63, 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 $768/month in Red Oak — a 20% difference. Home values follow the same pattern: Red Oak is more affordable at $91,600 median vs $290,100.

Median household income in Granger is $112,125 compared to $52,996 in Red Oak (+111.6%). 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 17.4% in Red Oak.

Income & Cost

Cost of Living Index
Granger
84
Red Oak
63
25% cheaper
Median Household Income
Granger
$112,125
53% higher
Red Oak
$52,996

Housing

Median Rent
Granger
$923
Red Oak
$768
17% cheaper
Median Home Value
Granger
$290,100
Red Oak
$91,600
68% cheaper
Population
Granger
1,919
Red Oak
5,542

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Granger $2.96
Red Oak $2.96
US $3.07
🥚
Eggs (grade A, large)
Granger $2.42
Red Oak $2.41
US $2.50
🥛
Milk (whole)
Granger $3.89
Red Oak $3.89
US $4.03
🍞
Bread (white)
Granger $1.79
Red Oak $1.79
US $1.85
🍗
Chicken breast
Granger $4.00
Red Oak $4.00
US $4.14
Electricity
Granger $0.17
Red Oak $0.15
US $0.19