State of the Region 2024

PLACE

COST OF LIVING INDEX

93 94 95 96 97 98 99 100

National 100

COST OF LIVING Greater Grand Rapids continues to offer lower cost of living compared to other comparable areas across the country. The Cost of Living index for the region ticked up one-tenth in 2024 from the previous year. Note: The Cost of Living Index compares communities to the national average. Communities with numbers above 100 have higher costs of living than the national average, while communities with numbers below 100 offer a cheaper cost of living than the national average.

Indianapolis, IN 98.5

Source: Lightcast

Louisville, KY 97.6

Raleigh, NC 96.9

Columbus, OH 95.2

Birmingham, AL 94.9

Greensboro, NC

93.6 93.6

Chattanooga, TN

Knoxville, TN

93.2 93.3

Oklahoma City, OK

92

Grand Rapids, MI

92

90 91

STATE OF THE REGION 2024 12

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