Grand Rapids, MI Cost of Living Calculator
Prices in the Grand Rapids, MI area are 4.5% below the US average, and housing 13.4% below (BEA, 2024). Compare a salary here with anywhere else.
Grand Rapids, MI price levels by category (US average = 100)
| Category | Price level | Against the US |
|---|---|---|
| All items | 95.5 | 4.5% below |
| Housing | 86.6 | 13.4% below |
| Goods | 93.7 | 6.3% below |
| Utilities | 93.8 | 6.2% below |
| Other services | 99.6 | about the same as |
What $75,000 in Grand Rapids, MI equals in other large metros
| Metro area | Equivalent salary | Prices |
|---|---|---|
| New York, NY | $88,429 | 17.9% |
| Los Angeles, CA | $89,215 | 19.0% |
| Chicago, IL | $81,361 | 8.5% |
| Dallas, TX | $80,969 | 8.0% |
| Houston, TX | $77,435 | 3.2% |
| Washington, DC | $85,524 | 14.0% |
| Philadelphia, PA | $80,576 | 7.4% |
| Atlanta, GA | $78,613 | 4.8% |
| Miami, FL | $89,686 | 19.6% |
| Phoenix, AZ | $81,126 | 8.2% |
How this calculator works
BEA regional price parities for the Grand Rapids-Wyoming-Kentwood, MI metropolitan area, 2024: the price of the same basket of goods and services against the US average (100). Equivalent salaries scale by the ratio of the two areas' price levels.
What it assumes
- Before tax, and averaged across the whole metro area.
Questions people ask
Is Grand Rapids expensive to live in?
Overall prices are 4.5% below the US average; housing is 13.4% below.
What salary do I need in Grand Rapids, MI?
To match $75,000 in an average-cost place, about $71,625. The area's median household income is $82,874.
How much is rent in Grand Rapids, MI?
The median gross rent (including utilities) is $1,202 a month (Census American Community Survey 2020–2024 5-year estimates).
How does Grand Rapids, MI compare with New York?
New York prices are 17.9% relative to Grand Rapids, MI: $75,000 here equals $88,429 there.
Nearby and large metro areas
Related calculators
Sources
- BEA: Regional price parities by metro area, 2024
- US Census Bureau: American Community Survey 2020–2024 5-year estimates (median rent B25064, income B19013)
Updated by the RateHerald team. The maths is tested against worked examples; report a problem.