PLACE
COST OF LIVING Living and working in Greater Grand Rapids provides a lower cost of living compared to a number of other similar metropolitan areas. While communities including Indianapolis, Louisville, Oklahoma City, and others have experienced increases in the cost of living relative to the national average, Greater Grand Rapids has remained the same since 2022. 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.
Source: Lightcast
COST OF LIVING INDEX 92 90 91 93
94 95
96 97
98
99 100
Grand Rapids, MI
National 100
Knoxville, TN Chattanooga, TN 93.2 93.2
Columbus, OH
Indianapolis, IN 98.4
91.9
95.1
Birmingham, AL 94.9
Louisville, KY 97.6
Greensboro, NC
Oklahoma City, OK
Raleigh, NC 96.8
93.6 93.7
STATE OF THE REGION 2023 | 12
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