Quick answer
Prices in Grand Rapids-Wyoming-Kentwood, MI were 4.5% below the US average in 2024 (Regional Price Parity 95.5, US = 100), with a housing-rent index of 86.6, per the U.S. Bureau of Economic Analysis.
Data as of 2024. Source: U.S. Bureau of Economic Analysis, Regional Price Parities (2024)
| Category | Price index (US = 100) |
|---|---|
| All items | 95.546 |
| Goods | 93.711 |
| Housing (rents) | 86.596 |
| Utilities | 93.775 |
| Other services | 99.561 |
| — All items by year — | |
| 2024 | 95.546 |
| 2023 | 94.975 |
| 2022 | 94.104 |
| 2021 | 96.190 |
| 2020 | 94.289 |
| 2019 | 95.678 |
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Last updated 2026-10-16. Data only, not financial or tax advice.