| Index | Kentwood | Michigan | National |
| Cost of living | 96 | 91 | 100 |
| Groceries | 96 | 98 | 100 |
| Health care | 95 | 97 | 100 |
| Housing | 94 | 76 | 100 |
| Transportation | 96 | 96 | 100 |
| Utilities | 100 | 100 | 100 |
| Lifestyle & Entertainment | 100 | 96 | 100 |
| Household Items | 98 | 98 | 100 |
| Education & Childcare | 93 | 95 | 100 |
Are you thinking about relocating, but curious about the potential cost of living in Kentwood? Is it more expensive or more affordable than average? Based on the most recent report, the cost of living in Kentwood stands at 96, making it 4% lower than the national average. The cost of living directly affects the affordability of one's desired lifestyle. Knowing the cost of housing, transportation, groceries and other essentials in the new area allows people to gauge whether they can maintain their preferred standard of living.
The cost of living in Kentwood is about average when compared to all other cities across the nation. You can expect that everyday items like food, household expenses and utility bills will be no more expensive than any other average city. Residents can anticipate living expenses that remain in line with the national average, ensuring a manageable financial burden, making it an attractive choice for those seeking affordability without the constraints of higher everyday expenditures.
Is Kentwood an affordable place to live? That's a valid question to ask when you're thinking about moving to a new city. After all, how much it costs to live somewhere can be a huge factor in your decision. Affordability can be broken down into 3 common categories. The cost of living index (we talked about it earlier), housing expenses and income levels all play a big role in figuring out if a place is affordable. For instance, in Kentwood, the median home price is 8.7% lower than what most folks pay across the country, and monthly rent prices are 0.9% lower than the usual rates. Income levels in Kentwood come in at $82,520, which is 1.5% higher than the national average.
Transportation: In cities with limited or no public transportation, residents may find it necessary to own and maintain vehicles, thereby elevating the cost of living. Monthly expenditures include fuel, insurance, routine maintenance and potential lease or financing commitments. In Kentwood, the transportation index stands at 4.5% lower than the national average.
Housing: When everyone's vying for homes in popular areas, it drives up property prices and rents, making the overall cost of living surge. On the flip side, in less sought-after locales, where housing demand is low, prices tend to dip, resulting in a more economical cost of living. In Kentwood, the housing index comes in at 6.4% lower than the national average.
Subsidies: Certain cities or states may implement government subsidies or assistance programs with the goal of alleviating the cost of living pressures on their residents. These programs encompass a broad spectrum of support mechanisms, including Medicare, Medicaid, housing subsidies, low-income home energy assistance programs, school lunch programs, supplemental nutrition assistance programs, student loans, electric vehicle tax credits, affordable care act subsidies and farming subsidies. Areas offering fewer subsidies may experience a rise in their cost of living.
The Kentwood cost of living estimates above use a normalized U.S. average of 100 as the baseline for comparison. Housing values incorporate local home price and rental information from the U.S. Census, while all other estimates are AI-assisted and modeled using expected everyday expenses, local market trends, climate, and transportation-related cost pressures. The results are intended for practical 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 | $111,089 | $9,257 | $2,592 | $3,333 |
| Renters | $55,749 | $4,646 | $1,301 | $1,673 |
| 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. |
| Wayland, MI | 4,349 | 91 | 8.6% |
| Wyoming, MI | 78,208 | 92 | 7.7% |
| Coopersville, MI | 4,554 | 94 | 5.9% |
| Middleville, MI | 3,582 | 94 | 6.3% |
| Comstock Park, MI | 11,032 | 95 | 4.8% |
| Kentwood, MI | 53,236 | 96 | 4.3% |
| City | Population | Cost of Living Index | National Avg. |
| Levittown, NY | 53,191 | 144 | 44.0% |
| Oak Park, IL | 53,295 | 127 | 27.1% |
| Brandon, MB | 53,334 | n/a | |
| Logan, UT | 53,108 | 104 | 3.9% |
| La Crosse, WI | 53,074 | 95 | 5.4% |
| Kentwood, MI | 53,236 | 96 | 4.3% |
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