CostIndexUSA

Corvallis, OR vs Grand Rapids, MI Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

OR
Corvallis
104
overall index
$1,950/mo rent
More AffordableMI
Grand Rapids
95.5
overall index
$1,650/mo rent

Grand Rapids is moderately cheaper than Corvallis — 8.2% lower overall cost of living.

To match an $80,000 salary in Corvallis, you would need $73,500 in Grand Rapids. Calculate your salary ↓

Category Breakdown

Index values: 100 = U.S. national average. Higher = more expensive.

🏠 Housing24.3%
Corvallis
114.4
Grand Rapids
86.6
🛒 Groceries11.0%
Corvallis
105.3
Grand Rapids
93.7
🚗 Transportation0.8%
Corvallis
105.3
Grand Rapids
104.5
🏥 Healthcare0.7%
Corvallis
95.3
Grand Rapids
94.6
Utilities13.6%
Corvallis
108.6
Grand Rapids
93.8

Salary Equivalency Calculator

Enter your current salary in Corvallis to see what you'd need to earn in Grand Rapids to maintain the same purchasing power.

$
Equivalent salary in Grand Rapids, MI
$73,500
$6,500 less needed in Grand Rapids

Formula: salary × (95.5 ÷ 104) = salary × 0.9183. Based on BEA Regional Price Parities.

Housing Market

Corvallis, OR

Median Home Price
$542,000
Median Monthly Rent
$1,950
Housing Index
114.4
Price-to-Rent Ratio
23.2×

Grand Rapids, MI

Median Home Price
$339,000
Median Monthly Rent
$1,650
Housing Index
86.6
Price-to-Rent Ratio
17.1×

Corvallis has 24.3% lower housing costs compared to Grand Rapids.

Income & Job Market

Corvallis, OR

Median Household Income
$73,000
Per Capita Income
$41,600
Unemployment Rate
5.5%
Population
58,641
Top Industries
EducationTechnologyHealthcareAgricultureManufacturing

Grand Rapids, MI

Median Household Income
$78,000
Per Capita Income
$44,500
Unemployment Rate
3.2%
Population
198,917
Top Industries
ManufacturingHealthcareFinanceEducationTechnology

Affordability at a Glance

Income-to-rent ratio: higher is better (more income relative to housing costs).

Corvallis, OR
3.1×income-to-rent ratio

68% of income left after rent (median)

Grand Rapids, MI
3.9×income-to-rent ratio

75% of income left after rent (median)

Data Sources: Bureau of Economic Analysis (BEA) Regional Price Parities 2024; U.S. Census Bureau American Community Survey (ACS); Bureau of Labor Statistics (BLS) Local Area Unemployment Statistics; Zillow Research.

Cost indices use 100 as the U.S. national average. Values above 100 indicate costs above the national average. Data is updated annually.

This data is for informational purposes only and should not be used as the sole basis for relocation or financial decisions.