| Index | Jenison | Michigan | National |
| Cost of living | 103 | 91 | 100 |
| Groceries | 98 | 98 | 100 |
| Health care | 95 | 97 | 100 |
| Housing | 117 | 76 | 100 |
| Transportation | 98 | 96 | 100 |
| Utilities | 100 | 100 | 100 |
| Lifestyle & Entertainment | 94 | 96 | 100 |
| Household Items | 99 | 98 | 100 |
| Education & Childcare | 95 | 95 | 100 |
The cost of living in Jenison affects the quality of life one can afford in this new location. It allows people to assess whether they can maintain their preferred lifestyle, including housing, leisure activities and dining options. Your total monthly expenditures can varry depending on the area, as well as many other factors. The cost of living in Jenison is 103, which is 3% higher than the national average. Knowledge of the cost of living can help individuals make informed decisions about retirement savings, investments, and financial goals.
In Jenison, daily expenses such as food, housing, lifestyle expenses, transportation and health care are in line with comparable areas and about average when compared to all cities across the nation. This ensures that the cost of living in Jenison will resemble that of an average city, contributing to a manageable cost of living.
Is Jenison affordable? It's a key consideration when pondering a move, as affordability often shapes your choices. The cost of living index (we discussed it earlier), coupled with housing costs and income levels, serves as the cornerstone for determining a location's affordability. Take Jenison, for instance, where the median home price falls 2% higher than the national average, and monthly rent rates are 51.5% higher than usual. Additionally, median income levels contribute to the equation, with Jenison flaunting a median household income of $106,212, 30.6% higher than the national norm.
Transportation: In situations where public transportation is limited or nonexistent, local residents may be required to own and maintain their own vehicles, contributing to an elevated cost of living. Monthly expenditures may encompass fuel costs, insurance premiums, routine vehicle upkeep and possibly lease or financing payments. In Jenison, the transportation index is 2.3% lower than the national average.
Taxes: Cities that impose higher taxes, including sales and income taxes, can contribute to an escalated cost of living. The added expense of taxes on everyday goods like clothing and food naturally results in higher overall costs. Similarly, a higher income tax rate can further elevate the cost of living. In Jenison, the general sales tax rate starts at 6%, and income tax rates begin at 4.25%.
Groceries: The costs associated with groceries have witnessed substantial increases over the past 2-3 years. In select markets, food prices have escalated by more than 20% during this timeframe, whereas others have seen more restrained upticks. The variances in food expenses can exert a considerable influence on the overall cost of living in a given locale. In Jenison, the groceries index is 1.9% lower than the national average.
The Jenison cost of living data above is designed around a U.S. average baseline of 100, allowing for easy comparisons of relative living costs. Housing incorporates U.S. Census home price and rental data, while all other figures are AI-assisted estimates that account for regional price trends, climate, transportation dynamics, and common everyday expenses. These values are best used as directional city-to-city comparisons.
| Cost of living index | |
| Groceries index | |
| Health care index | |
| Housing index | |
| Transportation index | |
| Utilities index | |
| Lifestyle index | |
| Household index | |
| Educare index |
| Median Income | Per Year | Per Month | Max Budget (28% DTI) | Max Budget (36% DTI) |
| Owners | $121,050 | $10,088 | $2,824 | $3,632 |
| Renters | $53,401 | $4,450 | $1,246 | $1,602 |
| State | General Sales Tax | With Max Surtax |
| Michigan | 6% | 6% |
| State | Income Tax (Low) | Income Tax (High) |
| Michigan | 4.25% | 4.25% |
| City | Population | Cost of Living Index | National Avg. |
| Wyoming, MI | 78,208 | 92 | 7.7% |
| Beechwood, MI | 3,076 | 94 | 5.7% |
| Coopersville, MI | 4,554 | 94 | 5.9% |
| Zeeland, MI | 5,741 | 95 | 4.6% |
| Comstock Park, MI | 11,032 | 95 | 4.8% |
| Jenison, MI | 18,457 | 103 | 2.9% |
| City | Population | Cost of Living Index | National Avg. |
| Albert Lea, MN | 18,460 | 89 | 11.0% |
| El Dorado, AR | 18,461 | 85 | 14.5% |
| Melville, NY | 18,448 | 178 | 77.6% |
| Arroyo Grande, CA | 18,441 | 166 | 66.0% |
| Steubenville, OH | 18,439 | 86 | 13.6% |
| Jenison, MI | 18,457 | 103 | 2.9% |
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