Cost of Living in Grand Rapids, OH
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
103.1
100 = national avg
+3.1 vs national average
Living Wage (1 Adult)
$45,343
per year
Living Wage (Family of 4)
$107,175
per year
Cost Index by Category
Housing94.1
Food105.9
Transportation111.8
Healthcare104.7
Utilities102.4
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$820
per month
2 Bedroom
$1,076
per month
The overall cost of living index in Grand Rapids is 103.1, which is 3.1% above the national average. Housing costs are below the national average at an index of 94.1. A single adult needs to earn approximately $45,343 per year to cover basic expenses.