Grand Rapids, MN Cost Of Living

The latest cost of living statistics for Grand Rapids. Includes statistics on rent, mortgages, healthcare, and other costs for Grand Rapids compared to the state and national averages.

Cost of living in Grand Rapids, Minnesota

Cost of living in Grand 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 Grand 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 Minnesota, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:

96 Cost of living index 1.0x lower vs US
#24 Cheapest in Minnesota (of 151)
#1,959 Cheapest in the U.S. (of 6,489)
$274,252 Median home value
$1,090 Median rent
$61,029 Median income
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What is the cost of living in Grand Rapids, MN?

According to the most recent data on the cost of living, Grand Rapids has an overall cost of living index of 96, which is 1.0x lower than the national index of 100.

Compared to Minnesota, Grand Rapids has a cost of living index that's 1.0x lower than Minnesota's index of 101.

The standard of living in Grand Rapids ranks as #24 most affordable out of the 151 places we measured in Minnesota. By definition, that implies Grand Rapids ranks as the #127 most expensive place in the North Star State.

For more reading on life in Grand Rapids, check out:

Grand Rapids Cost Of Living Vs. Minnesota

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

  • The Services index in Grand Rapids is 102.

  • The Groceries index in Grand Rapids is 100.

  • The Health index in Grand Rapids is 80.

  • The Housing index in Grand Rapids is 104.

  • The Transportation index in Grand Rapids is 106.

  • The Utilities index in Grand Rapids is 98.

Living Expense Grand Rapids Minnesota National Average
Overall 96 101 100
Services 102 101 100
Groceries 100 99 100
Health 80 99 100
Housing 104 101 100
Transportation 106 103 100
Utilities 98 101 100

Grand Rapids Cost Of Living Compared To Minnesota Averages

Services
Grand Rapids 102
Minnesota avg 101
Groceries
Grand Rapids 100
Minnesota avg 99
Health
Grand Rapids 80
Minnesota avg 99
Housing
Grand Rapids 104
Minnesota avg 101
Transportation
Grand Rapids 106
Minnesota avg 103
Utilities
Grand Rapids 98
Minnesota avg 101

Index where 100 = national average. Source: cost-of-living index 2026.

For more reading on cost of living around Minnesota, check out:

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Source: Cost-of-living index 2026, normalized to US average = 100

Grand Rapids, MN Housing Cost Breakdown

$274,252Median Home Value
$1,090Median Rent
$61,029Median Income

Housing swings affordability the most between places in Minnesota, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2020-2024. The key points are:

  • The Median Home Value in Grand Rapids is $274,252.

  • The Median Rent in Grand Rapids is $1,090.

  • The Median Income in Grand Rapids is $61,029.

  • The Home Value To Income in Grand Rapids is 4.5x.

  • The Rent To Monthly Income in Grand Rapids is 0.21x.

Statistic Grand Rapids Minnesota United States
Median Home Value $274,252 $346,667 $332,700
Median Rent $1,090 $1,280 $1,413
Median Income $61,029 $89,062 $80,734
Home Value To Income 4.5x 3.9x 4.1x
Rent To Monthly Income 0.21x 0.17x 0.21x

Grand Rapids, MN Costs By Category

Detailed Grand Rapids Services costs vs. Minnesota
Item Grand Rapids Minnesota
Shampoo $1.52 $1.28
Movie $11.24 $12.13
Bowling $26.39 $18
Haircut $27.97 $24.26
Beauty Salon $37.17 $45.56
Detailed Grand Rapids Groceries costs vs. Minnesota
Item Grand Rapids Minnesota
Ground Beef $5.75 $5.84
Fried Chicken $1.35 $1.57
Milk $4.58 $4.67
Potatoes $4.86 $4.93
Pizza $13.07 $12.09
Beer $9.52 $10.41
Toothpaste $3.62 $3.7
Detailed Grand Rapids Health costs vs. Minnesota
Item Grand Rapids Minnesota
Optometrist $109.94 $125.68
Doctor $162.98 $135.78
Dentist $96.9 $113.29
Detailed Grand Rapids Transportation costs vs. Minnesota
Item Grand Rapids Minnesota
Gasoline $3.31 $3.46
Tire Balancing $61.97 $59.92
Detailed Grand Rapids Utilities costs vs. Minnesota
Item Grand Rapids Minnesota
All Electricity $175.69 $193.99
Phone $188.55 $192.25

Grand Rapids SnackAbility

5Overall SnackAbility
Jobs 6/10
Housing 6/10
Affordability 8/10
Diversity 4/10
Safety 7/10
Amenities 7/10
Education 8.5/10
Commute 9.5/10

Cost Of Living In Cities Around Grand Rapids

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

  • Hibbing, MN has a cost of living index of 87, 0.9x Grand Rapids.

City Population Cost Of Living Vs. Grand Rapids
Hibbing, MN 16,057 87 0.9x