Grand Rapids, MI — Cost of Living
2024 data · BEA Regional Price Parities · U.S. Census ACS
95.5
Overall Index
100 = U.S. avg
$339,000
Median Home Price
Purchase
$1,650
Median Rent
Per month
$78,000
Median Income
Household
3.2%
Unemployment
Rate
198,917
Population
Residents
Category Cost Indices
🏠
86.6
Housing
🛒
93.7
Groceries
🚗
104.5
Transport
🏥
94.6
Healthcare
⚡
93.8
Utilities
100 = U.S. national average
Top Industries
ManufacturingHealthcareFinanceEducationTechnology
Compare Grand Rapids Against Other Cities
Grand Rapids vs Ann Arbor, MI
Ann Arbor index: 100.9
+5.7%
Grand Rapids vs Detroit, MI
Detroit index: 100.3
+5%
Grand Rapids vs Flint, MI
Flint index: 93
-2.6%
Grand Rapids vs Huntington Beach, CA
Huntington Beach index: 113.6
+19%
Grand Rapids vs Montgomery, AL
Montgomery index: 89.7
-6.1%
Grand Rapids vs Aurora, IL
Aurora index: 103.6
+8.5%
Grand Rapids vs Amarillo, TX
Amarillo index: 91.8
-3.9%
Grand Rapids vs Salt Lake City, UT
Salt Lake City index: 100.9
+5.7%
Grand Rapids can be compared against 294 other cities. View all MI cities →