Ionia, MI Cost Of Living

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

Cost Of Living In Ionia, MI Summary

Cost of living in Ionia 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 Ionia 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 Ionia is 85, with 100 being the average.

  • The cost of living index in Ionia is 0.8x lower than the national average.

  • Ionia ranks as the #46 cheapest in Michigan out of 175.

  • Ionia ranks as the #777 cheapest out of 6,412 in the US.

  • The median home value in Ionia is $122,200.

  • The median income in Ionia is $54,840.

Table Of Contents

  1. Summary
  2. National Comparison
  3. Housing Breakdown
  4. Detailed Pricing
  5. Nearby Comparisons
85
Ionia's Overall Cost Of Living
0.8x
Lower Than The National Average

What is the cost of living in Ionia, MI?

According to the most recent data on the cost of living, Ionia has an overall cost of living index of 85, which is 0.8x lower than the national index of 100.

Compared to Michigan, Ionia has a cost of living index that's 0.9x lower than Michigan's index of 92.

The standard of living in Ionia ranks as #46 most affordable out of the 175 places we measured in Michigan. By definition, that implies Ionia ranks as the #129 most expensive place in the Wolverine State.

For more reading on life in Ionia, check out:

46 out of 175
In Michigan
777 out of 6,412
In America

Ionia Cost Of Living Vs. Michigan

Six factors go into calculating the cost of living index in Ionia. Here is how it fairs on each of the criteria:

  • The Services index in Ionia is 98.

  • The Groceries index in Ionia is 91.

  • The Health index in Ionia is 96.

  • The Housing index in Ionia is 50.

  • The Transportation index in Ionia is 105.

  • The Utilities index in Ionia is 100.

Living Expense Ionia Michigan National Average
Overall 85 92 100
Services 98 96 100
Groceries 91 96 100
Health 96 94 100
Housing 50 80 100
Transportation 105 97 100
Utilities 100 100 100
For more reading on cost of living around Michigan, check out:
Ionia Cost of Living Vs. MI

Ionia, 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 Ionia is $122,200.

  • The Median Rent in Ionia is $815.

  • The Median Income in Ionia is $54,840.

  • The Home Value To Income in Ionia is 2.2x.

  • The Rent To Monthly Income in Ionia is 0.18x.

Statistic Ionia Michigan United States
Median Home Value $122,200 $172,100 $244,900
Median Rent $815 $946 $1,163
Median Income $54,840 $63,202 $69,021
Home Value To Income 2.2x 2.7x 3.5x
Rent To Monthly Income 0.18x 0.18x 0.2x
Search Homes For Sale In Ionia, MI
$122,200
Median Home Value
$815
Median Rent
$54,840
Median Income

Ionia, MI Costs By Category

Detailed Ionia Services Costs Vs. Michigan

Item Ionia 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 Ionia Groceries Costs Vs. Michigan

Item Ionia 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 Ionia Health Costs Vs. Michigan

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

Detailed Ionia Transportation Costs Vs. Michigan

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

Detailed Ionia Utilities Costs Vs. Michigan

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

Ionia SnackAbility

6
/10
Overall SnackAbility
Jobs
6/10
Housing
6
Affordability
8
Diversity
8.5
Safety
8
Amenities
8.5
Education
5
Commute
8.5

Cost Of Living In Cities Around Ionia

The cost of living varies in the cities and towns around Ionia. Here's a quick look at the cost of living in the most populous nearby places:

  • Forest Hills, MI has a cost of living index of 112, 1.3x Ionia.

  • Holt, MI has a cost of living index of 86, 1.0x Ionia.

  • Okemos, MI has a cost of living index of 101, 1.2x Ionia.

City Population Cost Of Living Vs. Ionia
Forest Hills, MI 28,327 112 1.3x
Holt, MI 25,755 86 1.0x
Okemos, MI 25,179 101 1.2x
Jenison, MI 17,570 94 1.1x
Northview, MI 15,251 94 1.1x
East Grand Rapids, MI 11,381 115 1.4x
Mason, MI 8,307 85 1.0x
Hudsonville, MI 7,598 92 1.1x
Byron Center, MI 6,860 99 1.2x
Rockford, MI 6,131 91 1.1x

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