CostByCity

Grand Rapids, MI vs New York, NY

Cost of Living Comparison

Grand Rapids, MI is more affordable by 17.0 index points

Side-by-Side Comparison

CategoryGrand Rapids, MINew York, NYDifference
Overall95.5112.6-17.0
Housing86.6148.6-62.0
Goods93.7110.3-16.5
Utilities93.8127.0-33.2
Other Services99.6105.8-6.3

Income & Housing Comparison

MetricGrand Rapids, MINew York, NY
Median Household Income$76,898$93,610
Median Home Value$239,900$553,500
Median Monthly Rent$1,078$1,711
Per Capita Income$38,016$52,011

Frequently Asked Questions

Is Grand Rapids, MI or New York, NY cheaper to live in?
Grand Rapids, MI is more affordable. The cost of living difference is 17.0 index points (Grand Rapids, MI: 95.5, New York, NY: 112.6).
Where is housing cheaper, Grand Rapids, MI or New York, NY?
Housing is more affordable in Grand Rapids, MI. Housing index: Grand Rapids, MI (86.6) vs New York, NY (148.6).