Cost of living in East Grand Rapids research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means East Grand Rapids is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in Michigan, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:
The cost of living index in East Grand Rapids is 115, with 100 being the average.
The cost of living index in East Grand Rapids is 1.1x higher than the national average.
East Grand Rapids ranks as the #167 cheapest in Michigan out of 175.
East Grand Rapids ranks as the #4,492 cheapest out of 6,412 in the US.
The median home value in East Grand Rapids is $409,200.
The median income in East Grand Rapids is $145,000.
According to the most recent data on the cost of living, East Grand Rapids has an overall cost of living index of 115, which is 1.1x higher than the national index of 100.
Compared to Michigan, East Grand Rapids has a cost of living index that's 1.2x higher than Michigan's index of 92.
The standard of living in East Grand Rapids ranks as #167 most affordable out of the 175 places we measured in Michigan. By definition, that implies East Grand Rapids ranks as the #8 most expensive place in the Wolverine State.
For more reading on life in East Grand Rapids, check out:
Six factors go into calculating the cost of living index in East Grand Rapids. Here is how it fairs on each of the criteria:
The Services index in East Grand Rapids is 95.
The Groceries index in East Grand Rapids is 88.
The Health index in East Grand Rapids is 97.
The Housing index in East Grand Rapids is 160.
The Transportation index in East Grand Rapids is 107.
The Utilities index in East Grand Rapids is 99.
Living Expense | East Grand Rapids | Michigan | National Average | |
---|---|---|---|---|
Overall | 115 | 92 | 100 | |
Services | 95 | 96 | 100 | |
Groceries | 88 | 96 | 100 | |
Health | 97 | 94 | 100 | |
Housing | 160 | 80 | 100 | |
Transportation | 107 | 97 | 100 | |
Utilities | 99 | 100 | 100 |
Housing swings affordability the most between places in Michigan, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2017-2021. The key points are:
The Median Home Value in East Grand Rapids is $409,200.
The Median Rent in East Grand Rapids is $1,636.
The Median Income in East Grand Rapids is $145,000.
The Home Value To Income in East Grand Rapids is 2.8x.
The Rent To Monthly Income in East Grand Rapids is 0.14x.
Statistic | East Grand Rapids | Michigan | United States |
---|---|---|---|
Median Home Value | $409,200 | $172,100 | $244,900 |
Median Rent | $1,636 | $946 | $1,163 |
Median Income | $145,000 | $63,202 | $69,021 |
Home Value To Income | 2.8x | 2.7x | 3.5x |
Rent To Monthly Income | 0.14x | 0.18x | 0.2x |
Item | East Grand Rapids | Michigan |
---|---|---|
Shampoo | $0.89 | $1.06 |
Movie | $11.37 | $10.68 |
Bowling | $16.78 | $14.67 |
Haircut | $20.22 | $18.62 |
Beauty Salon | $32.55 | $39.05 |
Item | East Grand Rapids | Michigan |
---|---|---|
Ground Beef | $4.5 | $4.22 |
Fried Chicken | $1.12 | $1.39 |
Milk | $1.59 | $2.05 |
Potatoes | $2.75 | $3.29 |
Pizza | $10.16 | $10.62 |
Beer | $8.21 | $9.38 |
Toothpaste | $1.98 | $2.34 |
Item | East Grand Rapids | Michigan |
---|---|---|
Optometrist | $105.11 | $108.57 |
Doctor | $98.0 | $116.17 |
Dentist | $94.78 | $99.13 |
Item | East Grand Rapids | Michigan |
---|---|---|
Gasoline | $2.23 | $2.22 |
Tire Balancing | $60.0 | $50.07 |
Item | East Grand Rapids | Michigan |
---|---|---|
All Electricity | $170.23 | $167.67 |
Phone | $181.0 | $175.64 |
The cost of living varies in the cities and towns around East Grand Rapids. Here's a quick look at the cost of living in the most populous nearby places:
Grand Rapids, MI has a cost of living index of 90, 0.8x East Grand Rapids.
Wyoming, MI has a cost of living index of 89, 0.8x East Grand Rapids.
Kentwood, MI has a cost of living index of 92, 0.8x East Grand Rapids.
City | Population | Cost Of Living | Vs. East Grand Rapids |
---|---|---|---|
Grand Rapids, MI | 197,858 | 90 | 0.8x |
Wyoming, MI | 76,625 | 89 | 0.8x |
Kentwood, MI | 53,884 | 92 | 0.8x |
Forest Hills, MI | 28,327 | 112 | 1.0x |
Walker, MI | 25,149 | 91 | 0.8x |
Cutlerville, MI | 19,313 | 88 | 0.8x |
Jenison, MI | 17,570 | 94 | 0.8x |
Grandville, MI | 16,043 | 89 | 0.8x |
Northview, MI | 15,251 | 94 | 0.8x |
Comstock Park, MI | 10,202 | 89 | 0.8x |