Cost of Living in Grand Rapids, MI
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
109.3
100 = national avg
+9.3 vs national average
Living Wage (1 Adult)
$48,101
per year
Living Wage (Family of 4)
$113,694
per year
Cost Index by Category
Housing125.0
Food100.1
Transportation100.2
Healthcare100.1
Utilities105.0
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,278
per month
2 Bedroom
$1,531
per month
The overall cost of living index in Grand Rapids is 109.3, which is 9.3% above the national average. Housing costs are above the national average at an index of 125.0. A single adult needs to earn approximately $48,101 per year to cover basic expenses.