Cost of Living in Grand Ledge, MI

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A+
5%
Overall NAT. AVG.
4%
Goods & Services NAT. AVG.
18%
Housing NAT. AVG.
Date & Last Updated: This data reflects 2025 and was released from C2ER in January, 2026; this is the most current data available.
The cost of living index is based on a national average of 100. For example, if the cost of living is 90, then it is 10% lower than average. If the cost of living is 110, then it is 10% higher than average. The breakdown for each index is as follows: goods & services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). If the cost of living data was unavailable for this city, estimates based upon nearby cities were used.
Index Grand Ledge Michigan National
Cost of living9591100
Goods & Services10496100
Groceries9899100
Health care10792100
Housing8276100
Transportation98100100
Utilities9497100
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Homes For Sale In Grand Ledge, MI

property for sale

914 Timbercreek Dr #13

Grand Ledge, MI
property for sale

981 Saint Johns Chase

Grand Ledge, MI
property for sale

644 Jenne St

Grand Ledge, MI
property for sale

7383 E Saint Joe Hwy

Grand Ledge, MI

Cost Of Living Quick Facts

  • The cost of living in Grand Ledge is 5% higher than the Michigan average
  • The cost of living in Grand Ledge is 5% lower than the national average
  • Grand Ledge housing is 18% lower than the national average
  • Michigan general sales tax is 18% higher than the national average
  • Michigan state income tax is 64% higher than the national average

Most Affordable Places to Live in and Around Grand Ledge

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Compare Grand Ledge, MI Cost of Living

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      Salary Calculator

      This is how much you would need to earn in
      Price difference in compared to
      Cost of living index
      Goods & Services index
      Groceries index
      Health care index
      Housing index
      Transportation index
      Utilities index

      Median Income & Debt-To-Income Ratio

      Median Income Per Year Per Month Max Budget (28% DTI) Max Budget (36% DTI)
      Owners$107,711$8,976$2,513$3,232
      Renters$65,872$5,489$1,537$1,976
      A good indicator of the general affordability of housing in Grand Ledge, MI, is the percentage of monthly income that should be spent on housing expenses, otherwise known as the debt-to-income ratio (DTI). Generally speaking, no more than 28 percent of your total gross income should be spent on your housing expenses and not more than 36 percent of your gross income on total expenses, including debts. In Grand Ledge, the median monthly income is $107,711 for those who own their own homes. Under the standard rule, that income level would allow for $2,513 to be budgeted for housing expenses each month, at the most. Renters, on the other hand, earn about $65,872, per the median income in the area. That would allow for renters to spend up to $1,537 on monthly rental expenses.

      Michigan Sales Tax

      State General Sales Tax With Max Surtax
      Michigan 6% 6%

      Michigan Income Tax

      State Income Tax (Low) Income Tax (High)
      Michigan 4.25% 4.25%

      Goods & Services

      Item Grand Ledge National avg. Difference
      Haircut $34.59$27.6225.2%
      Beauty Salon $54.12$51.115.9%
      Toothpaste $4.52$4.0910.4%
      Shampoo $1.31$1.5415.0%
      Movie $12.87$12.880.1%
      Yoga $24.30$19.6623.6%

      Groceries

      Item Grand Ledge National avg. Difference
      Ground Beef $7.48$7.702.9%
      Fried Chicken $1.51$1.669.2%
      Milk $5.00$4.735.6%
      Potatoes $5.06$5.263.7%
      Pizza $11.09$12.7613.1%
      Beer $10.07$10.554.5%

      Health Care

      Item Grand Ledge National avg. Difference
      Optometrist $121.36$140.0613.4%
      Doctor $109.95$153.8228.5%
      Dentist $174.70$123.1541.9%
      Ibuprofen $12.14$11.733.5%
      Lipitor $21.51$23.618.9%

      Housing

      Item Grand Ledge National avg. Difference
      Home Price $260,604.00$326,622.0020.2%
      Avg. Mortgage Payment $2,915.63$2,480.2517.6%
      Apartment Rent $1,275.00$1,444.0011.7%

      Transportation

      Item Grand Ledge National avg. Difference
      Gasoline $3.19$3.064.4%
      Tire Balancing $54.35$65.2116.7%

      Utilities

      Item Grand Ledge National avg. Difference
      All Electricity $203.21$220.127.7%
      Phone $191.43$195.712.2%
      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 Population Cost of Living Index National Avg.
      Eagle, MI1208812.0%
      Lansing, MI122,1398614.4%
      Vermontville, MI7248515.2%
      Potterville, MI2,8018515.2%
      Charlotte, MI9,4198614.4%
      Grand Ledge, MI8,062954.6%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Mantua, VA8,06118383.2%
      Blair, NE8,063918.9%
      Wilson, PA8,063973.4%
      Firebaugh, CA8,0601076.7%
      Valley Center, KS8,060954.8%
      Grand Ledge, MI8,062954.6%
      Date & Last Updated: This data reflects 2025 and was released from C2ER in January, 2026; this is the most current data available.
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