Big Rapids, MI Cost Of Living
Cost Of Living In Big Rapids, MI Summary
Cost of living in Big 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 Big 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 Big Rapids is 81, with 100 being the average.
The cost of living index in Big Rapids is 0.8x lower than the national average.
Big Rapids ranks as the #11 cheapest in Michigan out of 180.
Big Rapids ranks as the #158 cheapest out of 6,489 in the US.
The median home value in Big Rapids is $211,740.
The median income in Big Rapids is $40,197.
Table Of Contents
Big Rapids's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Big Rapids, MI?
According to the most recent data on the cost of living, Big Rapids has an overall cost of living index of 81, which is 0.8x lower than the national index of 100.
Compared to Michigan, Big Rapids has a cost of living index that's 0.9x lower than Michigan's index of 90.
The standard of living in Big Rapids ranks as #11 most affordable out of the 180 places we measured in Michigan. By definition, that implies Big Rapids ranks as the #169 most expensive place in the Wolverine State.
For more reading on life in Big Rapids, check out:
In Michigan
In America
Big Rapids Cost Of Living Vs. Michigan
Six factors go into calculating the cost of living index in Big Rapids. Here is how it fairs on each of the criteria:
The Services index in Big Rapids is 92.
The Groceries index in Big Rapids is 93.
The Health index in Big Rapids is 95.
The Housing index in Big Rapids is 60.
The Transportation index in Big Rapids is 94.
The Utilities index in Big Rapids is 104.
| Living Expense | Big Rapids | Michigan | National Average | |
|---|---|---|---|---|
| Overall | 81 | 90 | 100 | |
| Services | 92 | 93 | 100 | |
| Groceries | 93 | 97 | 100 | |
| Health | 95 | 91 | 100 | |
| Housing | 60 | 72 | 100 | |
| Transportation | 94 | 96 | 100 | |
| Utilities | 104 | 99 | 100 | |
Big Rapids, 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 2019-2023. The key points are:
The Median Home Value in Big Rapids is $211,740.
The Median Rent in Big Rapids is $815.
The Median Income in Big Rapids is $40,197.
The Home Value To Income in Big Rapids is 5.3x.
The Rent To Monthly Income in Big Rapids is 0.24x.
| Statistic | Big Rapids | Michigan | United States |
|---|---|---|---|
| Median Home Value | $211,740 | $258,642 | $303,400 |
| Median Rent | $815 | $1,084 | $1,348 |
| Median Income | $40,197 | $71,149 | $78,538 |
| Home Value To Income | 5.3x | 3.6x | 3.9x |
| Rent To Monthly Income | 0.24x | 0.18x | 0.21x |
Median Home Value
Median Rent
Median Income
Big Rapids, MI Costs By Category
Detailed Big Rapids Services Costs Vs. Michigan
| Item | Big Rapids | Michigan |
|---|---|---|
| Shampoo | $1.4 | $1.28 |
| Movie | $11.22 | $12.13 |
| Bowling | $22.17 | $18 |
| Haircut | $24.53 | $24.26 |
| Beauty Salon | $56.27 | $45.56 |
Detailed Big Rapids Groceries Costs Vs. Michigan
| Item | Big Rapids | Michigan |
|---|---|---|
| Ground Beef | $5.51 | $5.84 |
| Fried Chicken | $1.69 | $1.57 |
| Milk | $4.84 | $4.67 |
| Potatoes | $4.77 | $4.93 |
| Pizza | $10.99 | $12.09 |
| Beer | $9.38 | $10.41 |
| Toothpaste | $3.64 | $3.7 |
Detailed Big Rapids Health Costs Vs. Michigan
| Item | Big Rapids | Michigan |
|---|---|---|
| Optometrist | $91.4 | $125.68 |
| Doctor | $139.14 | $135.78 |
| Dentist | $120.35 | $113.29 |
Detailed Big Rapids Transportation Costs Vs. Michigan
| Item | Big Rapids | Michigan |
|---|---|---|
| Gasoline | $3.42 | $3.46 |
| Tire Balancing | $60.57 | $59.92 |
Detailed Big Rapids Utilities Costs Vs. Michigan
| Item | Big Rapids | Michigan |
|---|---|---|
| All Electricity | $180.47 | $193.99 |
| Phone | $184.98 | $192.25 |
Big Rapids SnackAbility
/10
Cost Of Living In Cities Around Big Rapids
The cost of living varies in the cities and towns around Big Rapids. Here's a quick look at the cost of living in the most populous nearby places:
Mount Pleasant, MI has a cost of living index of 88, 1.1x Big Rapids.
Northview, MI has a cost of living index of 94, 1.2x Big Rapids.
Cadillac, MI has a cost of living index of 84, 1.0x Big Rapids.
| City | Population | Cost Of Living | Vs. Big Rapids |
|---|---|---|---|
| Mount Pleasant, MI | 21,420 | 88 | 1.1x |
| Northview, MI | 15,225 | 94 | 1.2x |
| Cadillac, MI | 10,404 | 84 | 1.0x |
| Comstock Park, MI | 10,306 | 91 | 1.1x |
| Alma, MI | 9,421 | 82 | 1.0x |
| Greenville, MI | 8,897 | 85 | 1.0x |
| St. Louis, MI | 6,926 | 84 | 1.0x |
| Rockford, MI | 6,162 | 100 | 1.2x |
| Belding, MI | 5,949 | 83 | 1.0x |
