Greenville, MI Cost Of Living
Cost Of Living In Greenville, MI Summary
Cost of living in Greenville 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 Greenville 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 Greenville is 83, with 100 being the average.
The cost of living index in Greenville is 0.8x lower than the national average.
Greenville ranks as the #30 cheapest in Michigan out of 175.
Greenville ranks as the #491 cheapest out of 6,412 in the US.
The median home value in Greenville is $120,000.
The median income in Greenville is $43,348.
Table Of Contents
Greenville's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Greenville, MI?
According to the most recent data on the cost of living, Greenville has an overall cost of living index of 83, which is 0.8x lower than the national index of 100.
Compared to Michigan, Greenville has a cost of living index that's 0.9x lower than Michigan's index of 92.
The standard of living in Greenville ranks as #30 most affordable out of the 175 places we measured in Michigan. By definition, that implies Greenville ranks as the #145 most expensive place in the Wolverine State.
For more reading on life in Greenville, check out:
- Living In Greenville
- Greenville Crime Report
- Search Homes For Sale In Greenville, MI
In Michigan
In America
Greenville Cost Of Living Vs. Michigan
Six factors go into calculating the cost of living index in Greenville. Here is how it fairs on each of the criteria:
The Services index in Greenville is 95.
The Groceries index in Greenville is 91.
The Health index in Greenville is 95.
The Housing index in Greenville is 54.
The Transportation index in Greenville is 107.
The Utilities index in Greenville is 102.
| Living Expense | Greenville | Michigan | National Average | |
|---|---|---|---|---|
| Overall | 83 | 92 | 100 | |
| Services | 95 | 96 | 100 | |
| Groceries | 91 | 96 | 100 | |
| Health | 95 | 94 | 100 | |
| Housing | 54 | 80 | 100 | |
| Transportation | 107 | 97 | 100 | |
| Utilities | 102 | 100 | 100 | |
Greenville, MI Housing Cost Breakdown
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 Greenville is $120,000.
The Median Rent in Greenville is $777.
The Median Income in Greenville is $43,348.
The Home Value To Income in Greenville is 2.8x.
The Rent To Monthly Income in Greenville is 0.22x.
| Statistic | Greenville | Michigan | United States |
|---|---|---|---|
| Median Home Value | $120,000 | $172,100 | $244,900 |
| Median Rent | $777 | $946 | $1,163 |
| Median Income | $43,348 | $63,202 | $69,021 |
| Home Value To Income | 2.8x | 2.7x | 3.5x |
| Rent To Monthly Income | 0.22x | 0.18x | 0.2x |
Median Home Value
Median Rent
Median Income
Greenville, MI Costs By Category
Detailed Greenville Services Costs Vs. Michigan
| Item | Greenville | 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 |
Detailed Greenville Groceries Costs Vs. Michigan
| Item | Greenville | 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 |
Detailed Greenville Health Costs Vs. Michigan
| Item | Greenville | Michigan |
|---|---|---|
| Optometrist | $105.11 | $108.57 |
| Doctor | $98.0 | $116.17 |
| Dentist | $94.78 | $99.13 |
Detailed Greenville Transportation Costs Vs. Michigan
| Item | Greenville | Michigan |
|---|---|---|
| Gasoline | $2.23 | $2.22 |
| Tire Balancing | $60.0 | $50.07 |
Detailed Greenville Utilities Costs Vs. Michigan
| Item | Greenville | Michigan |
|---|---|---|
| All Electricity | $170.23 | $167.67 |
| Phone | $181.0 | $175.64 |
Greenville SnackAbility
/10
Cost Of Living In Cities Around Greenville
The cost of living varies in the cities and towns around Greenville. Here's a quick look at the cost of living in the most populous nearby places:
Wyoming, MI has a cost of living index of 89, 1.1x Greenville.
Forest Hills, MI has a cost of living index of 112, 1.3x Greenville.
Waverly, MI has a cost of living index of 94, 1.1x Greenville.
| City | Population | Cost Of Living | Vs. Greenville |
|---|---|---|---|
| Wyoming, MI | 76,625 | 89 | 1.1x |
| Forest Hills, MI | 28,327 | 112 | 1.3x |
| Waverly, MI | 23,328 | 94 | 1.1x |
| Jenison, MI | 17,570 | 94 | 1.1x |
| Northview, MI | 15,251 | 94 | 1.1x |
| Ionia, MI | 11,655 | 85 | 1.0x |
| East Grand Rapids, MI | 11,381 | 115 | 1.4x |
| Grand Ledge, MI | 7,792 | 87 | 1.0x |
| Hudsonville, MI | 7,598 | 92 | 1.1x |
| Byron Center, MI | 6,860 | 99 | 1.2x |
