Grandville, MI Cost Of Living

Demographics | Crime | Cost Of Living
Updated: 2023-11-15

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 89, with 100 being the average.

  • The cost of living index in Grandville is 0.9x lower than the national average.

  • Grandville ranks as the #73 cheapest in Michigan out of 175.

  • Grandville ranks as the #1,460 cheapest out of 6,412 in the US.

  • The median home value in Grandville is $197,300.

  • The median income in Grandville is $68,863.

Table Of Contents

  1. Summary
  2. National Comparison
  3. Housing Breakdown
  4. Detailed Pricing
  5. Nearby Comparisons
89
Grandville's Overall Cost Of Living
0.9x
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 89, which is 0.9x lower than the national index of 100.

Compared to Michigan, Grandville has a cost of living index that's 1.0x lower than Michigan's index of 92.

The standard of living in Grandville ranks as #73 most affordable out of the 175 places we measured in Michigan. By definition, that implies Grandville ranks as the #102 most expensive place in the Wolverine State.

For more reading on life in Grandville, check out:

73 out of 175
In Michigan
1,460 out of 6,412
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 99.

  • The Groceries index in Grandville is 90.

  • The Health index in Grandville is 96.

  • The Housing index in Grandville is 74.

  • The Transportation index in Grandville is 105.

  • The Utilities index in Grandville is 102.

Living Expense Grandville Michigan National Average
Overall 89 92 100
Services 99 96 100
Groceries 90 96 100
Health 96 94 100
Housing 74 80 100
Transportation 105 97 100
Utilities 102 100 100
For more reading on cost of living around Michigan, check out:
Grandville Cost of Living Vs. MI

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 2017-2021. The key points are:

  • The Median Home Value in Grandville is $197,300.

  • The Median Rent in Grandville is $914.

  • The Median Income in Grandville is $68,863.

  • The Home Value To Income in Grandville is 2.9x.

  • The Rent To Monthly Income in Grandville is 0.16x.

Statistic Grandville Michigan United States
Median Home Value $197,300 $172,100 $244,900
Median Rent $914 $946 $1,163
Median Income $68,863 $63,202 $69,021
Home Value To Income 2.9x 2.7x 3.5x
Rent To Monthly Income 0.16x 0.18x 0.2x
Search Homes For Sale In Grandville, MI
$197,300
Median Home Value
$914
Median Rent
$68,863
Median Income

Grandville, MI Costs By Category

Detailed Grandville Services Costs Vs. Michigan

Item Grandville 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 Grandville Groceries Costs Vs. Michigan

Item Grandville 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 Grandville Health Costs Vs. Michigan

Item Grandville Michigan
Optometrist $105.11 $108.57
Doctor $98.0 $116.17
Dentist $94.78 $99.13

Detailed Grandville Transportation Costs Vs. Michigan

Item Grandville Michigan
Gasoline $2.23 $2.22
Tire Balancing $60.0 $50.07

Detailed Grandville Utilities Costs Vs. Michigan

Item Grandville Michigan
All Electricity $170.23 $167.67
Phone $181.0 $175.64

Grandville SnackAbility

8.5
/10
Overall SnackAbility
Jobs
8.5/10
Housing
7
Affordability
8.5
Diversity
6
Safety
5
Amenities
8.5
Education
8.5
Commute
9

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 90, 1.0x Grandville.

  • Wyoming, MI has a cost of living index of 89, 1.0x Grandville.

  • Kentwood, MI has a cost of living index of 92, 1.0x Grandville.

City Population Cost Of Living Vs. Grandville
Grand Rapids, MI 197,858 90 1.0x
Wyoming, MI 76,625 89 1.0x
Kentwood, MI 53,884 92 1.0x
Forest Hills, MI 28,327 112 1.3x
Walker, MI 25,149 91 1.0x
Cutlerville, MI 19,313 88 1.0x
Jenison, MI 17,570 94 1.1x
Northview, MI 15,251 94 1.1x
East Grand Rapids, MI 11,381 115 1.3x
Comstock Park, MI 10,202 89 1.0x

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