Grand Rapids cost of living index

In the event that the cost of living data was unavailable for this city, estimates based upon nearby cities were used. Each cost of living index is based on a national average of 100. If the amount is below 100, it is lower than the national average. If the amount is above 100, it is higher than the national average.
IndexGrand RapidsMinnesotaNational
Cost of living index94102100
IndexGrand RapidsMinnesotaNational
Goods & Services index103106100
Groceries index110105100
Health care index113110100
Housing index74101100
Transportation index10398100
Utilities index8591100
Displayed above is a general overview of the Grand Rapids, MN cost of living index. The overall cost of living index in Grand Rapids, MN is 94, which is 8% lower than the Minnesota average and 6% lower than the national average. The cost of living index is created from the following categories: goods/services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). As you can see, goods/services and housing make up the majority of the overall cost of living index. Everyday goods and services can be a good indicator of the general cost of goods in a given city. In this case, the goods and services in Grand Rapids, MN are 3% lower than the Minnesota average and 3% higher than the national average.

Did you know?

  • The cost of living in Grand Rapids is 8% lower than the Minnesota average.
  • The cost of living in Grand Rapids is 6% lower than the national average.
  • The cost of housing in Grand Rapids is 26% lower than the national average.
  • Minnesota general sales tax is 35% higher than the national average.
  • Minnesota state income tax is 141% higher than the national average.

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Salary Calculator

This is how much you would need to earn in
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The salary calculator is meant to help you compare your salary in Grand Rapids, MN to your potential earning power in another city. This can help you deduce what your salary would need to be in any given city in order for you to live the same lifestyle that you do in your current city. In other words, if you plan on moving to a city where the cost of living is higher than in Grand Rapids, MN, you'll have to make more money in the new city in order to maintain the lifestyle you currently enjoy. To use the Grand Rapids, MN salary calculator, simply input the new city, then move the adjustable slider to match your current income. Once you've selected your income, the calculator will determine if that income is sufficient to support your standard of living in the new city you entered. The calculator will also supply you with a rundown of living costs in the new city.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$50,032$4,169$1,167$1,501
Renters$23,259$1,938$543$698
The percent of monthly income spent on housing can be a good indicator of the affordability of housing in Grand Rapids, MN as well as the overall cost of living. As a general rule of thumb, the debt-to-income ratio (DTI) for homeowners or renters should be not more than 28 percent of gross income to be spent on housing related costs and not more than 36 percent of income on all expenses, including debts. The median income for Grand Rapids, MN homeowners, is $50,032. This would allow for a maximum of $1,167 per month to be spent on housing costs. For renters, the median monthly income is $23,259 which would result in a maximum of $543 to be spent on rental costs.

Minnesota Sales Tax

StateGeneral Sales TaxWith Max Surtax
Minnesota6.875%7.875%

Minnesota Income Tax

StateIncome Tax (Low)Income Tax (High)
Minnesota5.35%9.85%
When you are determining the total cost of living in Grand Rapids, MN you will want to make sure you consider both the Minnesota sales tax and the Minnesota income tax rates. Sales tax come in the form of taxes levied on both services and goods that are sold. The sales tax rates are different state to state and range from zero sales tax to higher than 7%. The sales tax in Minnesota is 6.875%, with the highest surtax being 7.875%. Tax that is on income by the government is income tax. Different states have different income tax rates and these rates can be higher or lower dependent on the corresponding tax bracket. The state income tax rates are different state to state and range from no income tax to more than 9% income tax. The income tax rates in Minnesota have a range from 5.35% to 9.85%.

Goods & Services

ItemGrand RapidsNational avg.Difference
Haircut $21.91$15.5640.8%
Beauty Salon $31.17$36.1113.7%
Toothpaste $3.64$2.4747.2%
Shampoo $1.19$0.9623.3%
Movie $10.04$10.130.9%
Bowling $4.29$4.749.4%

Groceries

ItemGrand RapidsNational avg.Difference
Ground Beef $5.28$3.9832.5%
Fried Chicken $2.27$1.4161.2%
Milk $2.45$2.0618.8%
Potatoes $2.45$2.9817.7%
Pizza $8.10$9.4714.5%
Beer $9.08$8.793.3%

Health Care

ItemGrand RapidsNational avg.Difference
Optometrist $121.76$101.0420.5%
Doctor $164.95$107.4453.5%
Dentist $87.93$90.422.7%
Ibuprofen $9.49$9.282.2%
Lipitor $392.82$426.507.9%

Housing

ItemGrand RapidsNational avg.Difference
Home Price $137,200.00$175,700.0021.9%
Avg. Mortgage Payment $891.28$1,133.2321.4%
Apartment Rent $602.00$920.0034.6%

Transportation

ItemGrand RapidsNational avg.Difference
Gasoline $1.94$1.992.8%
Tire Balancing $52.70$45.7615.2%

Utilities

ItemGrand RapidsNational avg.Difference
All Electricity$169.36$163.813.4%
Phone $17.02$28.3940.0%
Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

Nearby cities with low cost of living

City, StatePopulationCost of Living IndexNational Avg.
Zemple, MN7581-19%
Calumet, MN39884-16%
Marble, MN60285-15%
Deer River, MN91485-15%
Bovey, MN86786-14%
Grand Rapids, MN10,95094-6%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Highland Park, MI10,95179-21%
Newport East, RI10,95312929%
Gulf Gate Estates, FL10,9461033%
Purdue University, IN10,95491-9%
Piedmont, CA10,957343243%
Grand Rapids, MN10,95094-6%
Source: The Grand Rapids, MN cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2016.