Grandville, MI Cost Of Living
Cost Of Living In Grandville, MI Summary
Cost of living in Grandville 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 Grandville 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 Grandville is 96, with 100 being the average.
The cost of living index in Grandville is 1.0x lower than the national average.
Grandville ranks as the #109 cheapest in Michigan out of 180.
Grandville ranks as the #2,104 cheapest out of 6,489 in the US.
The median home value in Grandville is $347,100.
The median income in Grandville is $78,551.
Table Of Contents
Grandville's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Grandville, MI?
According to the most recent data on the cost of living, Grandville has an overall cost of living index of 96, which is 1.0x lower than the national index of 100.
Compared to Michigan, Grandville has a cost of living index that's 1.1x higher than Michigan's index of 90.
The standard of living in Grandville ranks as #109 most affordable out of the 180 places we measured in Michigan. By definition, that implies Grandville ranks as the #71 most expensive place in the Wolverine State.
For more reading on life in Grandville, check out:
In Michigan
In America
Grandville Cost Of Living Vs. Michigan
Six factors go into calculating the cost of living index in Grandville. Here is how it fairs on each of the criteria:
The Services index in Grandville is 91.
The Groceries index in Grandville is 95.
The Health index in Grandville is 95.
The Housing index in Grandville is 92.
The Transportation index in Grandville is 94.
The Utilities index in Grandville is 103.
| Living Expense | Grandville | Michigan | National Average | |
|---|---|---|---|---|
| Overall | 96 | 90 | 100 | |
| Services | 91 | 93 | 100 | |
| Groceries | 95 | 97 | 100 | |
| Health | 95 | 91 | 100 | |
| Housing | 92 | 72 | 100 | |
| Transportation | 94 | 96 | 100 | |
| Utilities | 103 | 99 | 100 | |
Grandville, 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 Grandville is $347,100.
The Median Rent in Grandville is $1,112.
The Median Income in Grandville is $78,551.
The Home Value To Income in Grandville is 4.4x.
The Rent To Monthly Income in Grandville is 0.17x.
| Statistic | Grandville | Michigan | United States |
|---|---|---|---|
| Median Home Value | $347,100 | $258,642 | $303,400 |
| Median Rent | $1,112 | $1,084 | $1,348 |
| Median Income | $78,551 | $71,149 | $78,538 |
| Home Value To Income | 4.4x | 3.6x | 3.9x |
| Rent To Monthly Income | 0.17x | 0.18x | 0.21x |
Median Home Value
Median Rent
Median Income
Grandville, MI Costs By Category
Detailed Grandville Services Costs Vs. Michigan
| Item | Grandville | 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 Grandville Groceries Costs Vs. Michigan
| Item | Grandville | 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 Grandville Health Costs Vs. Michigan
| Item | Grandville | Michigan |
|---|---|---|
| Optometrist | $91.4 | $125.68 |
| Doctor | $139.14 | $135.78 |
| Dentist | $120.35 | $113.29 |
Detailed Grandville Transportation Costs Vs. Michigan
| Item | Grandville | Michigan |
|---|---|---|
| Gasoline | $3.42 | $3.46 |
| Tire Balancing | $60.57 | $59.92 |
Detailed Grandville Utilities Costs Vs. Michigan
| Item | Grandville | Michigan |
|---|---|---|
| All Electricity | $180.47 | $193.99 |
| Phone | $184.98 | $192.25 |
Grandville SnackAbility
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Cost Of Living In Cities Around Grandville
The cost of living varies in the cities and towns around Grandville. 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 93, 1.0x Grandville.
Wyoming, MI has a cost of living index of 90, 0.9x Grandville.
Kentwood, MI has a cost of living index of 93, 1.0x Grandville.
| City | Population | Cost Of Living | Vs. Grandville |
|---|---|---|---|
| Grand Rapids, MI | 197,768 | 93 | 1.0x |
| Wyoming, MI | 76,865 | 90 | 0.9x |
| Kentwood, MI | 54,114 | 93 | 1.0x |
| Forest Hills, MI | 28,494 | 118 | 1.2x |
| Walker, MI | 25,201 | 99 | 1.0x |
| Cutlerville, MI | 19,465 | 93 | 1.0x |
| Jenison, MI | 17,334 | 101 | 1.1x |
| Northview, MI | 15,225 | 94 | 1.0x |
| East Grand Rapids, MI | 11,394 | 123 | 1.3x |
| Comstock Park, MI | 10,306 | 91 | 0.9x |
