Grand Rapids-Kentwood Metro Area, MI Cost of Living


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United States / Michigan / Grand Rapids-Kentwood Metro Area / Counties / Cities / Zip Codes

Grand Rapids-Kentwood cost of living score
93.2
Less expensive
6.8% lower
than the US average
1.9% higher
than the Michigan average
Grand Rapids-Kentwood Michi Metro Area, Michigan gets a BestPlaces Cost of Living score of 93.2, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 6.8% lower than the U.S. average and 1.9% lower than the average for Michigan.

Grand Rapids-Kentwood Metro Area, MI

Housing costs in Grand Rapids-Kentwood?
A typical home costs $281,400, which is 16.8% less expensive than the national average of $338,100 and 28.7% more expensive than the average Michigan home, at $218,700. Renting a two-bedroom unit in Grand Rapids-Kentwood costs $1,170 per month, which is 18.2% cheaper than the national average of $1,430 and 6.0% more than the state average of $1,100.

Can I afford Grand Rapids-Kentwood?
To live comfortably in Grand Rapids-Kentwood Michi Metro Area, Michigan, a minimum annual income of $54,000 for a family, and $39,200 for a single person is recommended.

What does A.I. say about Grand Rapids-Kentwood?
The cost of living in Grand Rapids-Wyoming, MI Metro Area is 93.2, which is lower than the US average of 100. This makes it an attractive area for those looking to relocate or buy a home. The median house value in Grand Rapids-Wyoming is $281,400, significantly lower than the US average of $338,100. With a lower cost of living and housing prices that are well below the national average, Grand Rapids-Wyoming has a lot to offer new residents.
   Cost of living score
     CategoriesGrand Rapids-KentwoodMichiganUnited States
  93.291.5100.0
  95.393.4100
  81.984.8100.0
  87.471.2100.0
  $281,400$218,700$338,100
  99.4%100.1%100.0%
  99.4115.1100.0
  98.795.9100.0

   100=National Average

   Average Rent by Bedroom Size
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