Grand Rapids, MI — Cost of Living, Housing & Relocation Guide [2026]
COL: 94.5 198,917

Grand Rapids, MI

Beer City USA with craft breweries, ArtPrize, and affordable Lake Michigan living.

Updated June 29, 2026
Cost of Living 94.5

Below Average vs US avg (100)

Housing Index 88.5

Affordable

Median Income $52,000

Household income

Unemployment 3.0%

Job market health

Grand Rapids vs National Average

Overall COL
Grand Rapids: 94.5
National: 100
Housing
Grand Rapids: 88.5
National: 100
State Income Tax
Grand Rapids: 4.25%
US Avg: ~5%

Taxes

  • State Income: 4.25%
  • Sales Tax: 6%

Economy & Jobs

  • Median Income: $52,000
  • Unemployment: 3.0%
  • Population: 198,917

Climate

  • Sunny Days: 158/year
  • Summer High: 82°F
  • Winter Low: 18°F

Housing

  • Median Home: $240,000
  • 1BR Rent: $1150/mo

Overview

Grand Rapids is a city in MI with a population of 198,917. Beer City USA with craft breweries, ArtPrize, and affordable Lake Michigan living.

Cost of Living

Grand Rapids’s cost of living index is 94.5 (US average = 100).

CategoryGrand RapidsNational AverageDifference
Overall94.5100-5.5%
Housing88.5100-11.5%
Utilities98.5100-1.5%
Groceries96.8100-3.2%
Transportation104.2100+4.2%
Healthcare100.5100+0.5%

Data source: Council for Community and Economic Research (C2ER), 2026

Housing Market

MetricValue
Median Home Price$240,000
Median Rent (1BR)$1,150/month
Median Rent (2BR)$1,437/month
Price per Sq Ft$160
Year-over-Year Change-0.6%

Data source: Zillow Research, May 2026

True Cost of Home Ownership

True Cost of Home Ownership

See what you'll really pay over 30 years

$
%
$90,000 down
%
%
$

Best Neighborhoods

Downtown Grand Rapids

The heart of the city with restaurants, shops, and entertainment. Average rent: $1,380/month.

Grand Rapids Heights

Trendy area with local businesses and a mix of historic and modern housing. Average rent: $1,265/month.

East Grand Rapids

Up-and-coming neighborhood with new developments and young professionals. Average rent: $1,035/month.

West Grand Rapids

Family-friendly area with parks and good schools. Average rent: $1,092/month.

Remote Work Score

Grand Rapids scores 122/100 for remote work readiness:

  • Internet Speed: Average 200 Mbps (Good)
  • Coworking Spaces: 15+ locations (Good)
  • Cost of Living: Moderate (Good)
  • Climate: 158 sunny days/year (Fair)
  • Quality of Life: High (Good)

Climate

Grand Rapids has a varied climate with distinct seasons.

MonthAvg HighAvg LowRainfall
January38°F18°F2.5"
April67°F33°F2.8"
July82°F57°F1.5"
October62°F36°F2.2"

Taxes

  • State Income Tax: 4.25%
  • Sales Tax: 6.0%
  • Property Tax: ~0.8% of assessed value

Economy

Major industries include technology, healthcare, education, and manufacturing. The unemployment rate is 3.0%.

FAQ

Is grand-rapids-mi a good place to live?

grand-rapids-mi offers a strong combination of affordability, job opportunities, and quality of life. Use our cost of living calculator and relocation guides to see if it fits your budget and lifestyle.

What is the cost of living in grand-rapids-mi?

The cost of living in grand-rapids-mi varies by neighborhood and lifestyle. Check our detailed cost breakdown above for specific numbers on housing, groceries, utilities, and transportation.

How much do I need to earn to live comfortably in grand-rapids-mi?

Use our Salary Equivalence Calculator to find out how much you need to earn in grand-rapids-mi to maintain your current standard of living.

Data Sources

  • Cost of living: Council for Community and Economic Research (C2ER)
  • Housing data: Zillow Research
  • Demographics: US Census Bureau
  • Climate: National Oceanic and Atmospheric Administration (NOAA)
  • Taxes: Tax Foundation

Last updated: June 29, 2026

Disclaimer: All data on this page is provided for informational purposes only and does not constitute financial, legal, tax, or real estate advice. Cost of living indices, housing prices, tax rates, and other figures are estimates based on publicly available data and may not reflect current market conditions. URCity and Northshore Press are not financial advisors, tax professionals, or real estate agents. Always consult qualified professionals before making relocation or financial decisions.

URCity participates in affiliate marketing programs. When you click an affiliate link and make a purchase, we may earn a commission at no extra cost to you. This helps us keep the site free. See our Affiliate Disclosure for details.