Cost of Living / Grand Rapids–Kentwood, MI Metro
Cost of Living in Grand Rapids–Kentwood, MI Metro
Official metro name: Grand Rapids-Kentwood, MI Metro Area
Grand Rapids–Kentwood, MI Metro has a population of 1,087,068. Median household income is $76,898 and median rent is $1,078 per month. Rent is roughly 16.8% of median monthly income.
State: MIPopulation: 1,087,068Income: $76,898Rent: $1,078Affordability: Affordable (16.8%)
Median Household Income
$76,898
Annual (ACS median)
Median Rent
$1,078
Monthly (ACS median gross rent)
Rent as % of Income
16.8%
rent ÷ (income/12)
Cost Index
103
Simplified relative index
Is Grand Rapids–Kentwood, MI Metro expensive?
Based on median rent and income, Grand Rapids–Kentwood, MI Metro has a Affordable rent burden. Median rent is $1,078, which is about 16.8% of median monthly household income.
Average rent in Grand Rapids–Kentwood, MI Metro
Median rent (ACS) is $1,078 per month. (Neighborhoods vary widely.)
How much income do you need in Grand Rapids–Kentwood, MI Metro?
Median household income (ACS) is $76,898 per year. Housing costs take a bigger share of income when rent burden is high.
Other metros in MI
Compare Grand Rapids–Kentwood, MI Metro with nearby metros:
- Grand Rapids–Kentwood, MI Metro vs Detroit, MI Metro
- Grand Rapids–Kentwood, MI Metro vs Lansing–East Lansing, MI Metro
- Grand Rapids–Kentwood, MI Metro vs Flint, MI Metro
- Grand Rapids–Kentwood, MI Metro vs Ann Arbor, MI Metro
- Grand Rapids–Kentwood, MI Metro vs Kalamazoo–Portage, MI Metro
- Grand Rapids–Kentwood, MI Metro vs Saginaw, MI Metro
Data sources
- US Census Bureau American Community Survey (ACS).
- Affordability metric: median rent ÷ (median household income / 12).
- Figures are metro-level medians; local variation is expected.