Granville, IA vs Latimer, IA

Latimer is moderately more affordable than Granville, with a 9.3% lower cost of living index. Granville scores 78 compared to 71 for Latimer, where the US average is 100. This difference means residents of Granville can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Granville is $1,089/month compared to $1,020/month in Latimer — a 7% difference. Home values follow the same pattern: Latimer is more affordable at $101,500 median vs $156,300.

Median household income in Granville is $68,958 compared to $71,250 in Latimer (-3.2%). Latimer offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Granville spend roughly 19% of their income on rent, more than the 17.2% in Latimer.