Jenison, MI Cost Of Living
Cost Of Living In Jenison, MI Summary
Cost of living in Jenison 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 Jenison 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 Jenison is 94, with 100 being the average.
The cost of living index in Jenison is 0.9x lower than the national average.
Jenison ranks as the #117 cheapest in Michigan out of 175.
Jenison ranks as the #2,290 cheapest out of 6,412 in the US.
The median home value in Jenison is $198,400.
The median income in Jenison is $75,087.
Table Of Contents
Jenison's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Jenison, MI?
According to the most recent data on the cost of living, Jenison has an overall cost of living index of 94, which is 0.9x lower than the national index of 100.
Compared to Michigan, Jenison has a cost of living index that's 1.0x higher than Michigan's index of 92.
The standard of living in Jenison ranks as #117 most affordable out of the 175 places we measured in Michigan. By definition, that implies Jenison ranks as the #58 most expensive place in the Wolverine State.
For more reading on life in Jenison, check out:
- Living In Jenison
- Search Homes For Sale In Jenison, MI
In Michigan
In America
Jenison Cost Of Living Vs. Michigan
Six factors go into calculating the cost of living index in Jenison. Here is how it fairs on each of the criteria:
The Services index in Jenison is 95.
The Groceries index in Jenison is 91.
The Health index in Jenison is 94.
The Housing index in Jenison is 86.
The Transportation index in Jenison is 108.
The Utilities index in Jenison is 103.
| Living Expense | Jenison | Michigan | National Average | |
|---|---|---|---|---|
| Overall | 94 | 92 | 100 | |
| Services | 95 | 96 | 100 | |
| Groceries | 91 | 96 | 100 | |
| Health | 94 | 94 | 100 | |
| Housing | 86 | 80 | 100 | |
| Transportation | 108 | 97 | 100 | |
| Utilities | 103 | 100 | 100 | |
Jenison, 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 Jenison is $198,400.
The Median Rent in Jenison is $1,566.
The Median Income in Jenison is $75,087.
The Home Value To Income in Jenison is 2.6x.
The Rent To Monthly Income in Jenison is 0.25x.
| Statistic | Jenison | Michigan | United States |
|---|---|---|---|
| Median Home Value | $198,400 | $172,100 | $244,900 |
| Median Rent | $1,566 | $946 | $1,163 |
| Median Income | $75,087 | $63,202 | $69,021 |
| Home Value To Income | 2.6x | 2.7x | 3.5x |
| Rent To Monthly Income | 0.25x | 0.18x | 0.2x |
Median Home Value
Median Rent
Median Income
Jenison, MI Costs By Category
Detailed Jenison Services Costs Vs. Michigan
Detailed Jenison Groceries Costs Vs. Michigan
Detailed Jenison Health Costs Vs. Michigan
Detailed Jenison Transportation Costs Vs. Michigan
Detailed Jenison Utilities Costs Vs. Michigan
Jenison SnackAbility
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Cost Of Living In Cities Around Jenison
The cost of living varies in the cities and towns around Jenison. 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 Jenison.
Wyoming, MI has a cost of living index of 89, 0.9x Jenison.
Kentwood, MI has a cost of living index of 92, 1.0x Jenison.
| City | Population | Cost Of Living | Vs. Jenison |
|---|---|---|---|
| Grand Rapids, MI | 197,858 | 90 | 1.0x |
| Wyoming, MI | 76,625 | 89 | 0.9x |
| Kentwood, MI | 53,884 | 92 | 1.0x |
| Forest Hills, MI | 28,327 | 112 | 1.2x |
| Walker, MI | 25,149 | 91 | 1.0x |
| Allendale, MI | 23,999 | 97 | 1.0x |
| Cutlerville, MI | 19,313 | 88 | 0.9x |
| Grandville, MI | 16,043 | 89 | 0.9x |
| Northview, MI | 15,251 | 94 | 1.0x |
| East Grand Rapids, MI | 11,381 | 115 | 1.2x |
