Granville, IA vs Shellsburg, IA

Granville, IA and Shellsburg, IA have a very similar cost of living, with only a 3.9% difference in their overall index. Granville scores 78 while Shellsburg scores 75 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 Granville is $1,089/month compared to $928/month in Shellsburg — a 17% difference. Interestingly, home values tell a different story: while Shellsburg has cheaper rent, Granville actually has lower median home values ($156,300 vs $184,100).

Median household income in Granville is $68,958 compared to $69,750 in Shellsburg (-1.1%). Shellsburg 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 16% in Shellsburg.