Cost of Living in Grand Rapids, MN
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
95.2
100 = national avg
-4.8 vs national average
Living Wage (1 Adult)
$41,902
per year
Living Wage (Family of 4)
$99,041
per year
Cost Index by Category
Housing109.1
Food93.2
Transportation72.4
Healthcare94.6
Utilities97.8
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$860
per month
2 Bedroom
$1,074
per month
The overall cost of living index in Grand Rapids is 95.2, which is 4.8% below the national average. Housing costs are above the national average at an index of 109.1. A single adult needs to earn approximately $41,902 per year to cover basic expenses.