CostIndexUSA

Grand Junction, CO vs Grand Rapids, MI Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

≈ Equal CostCO
Grand Junction
95.5
overall index
$1,725/mo rent
MI
Grand Rapids
95.5
overall index
$1,650/mo rent

Grand Junction and Grand Rapids have nearly identical costs of living.

Category Breakdown

Index values: 100 = U.S. national average. Higher = more expensive.

🏠 Housing≈ Equal
Grand Junction
86.4
Grand Rapids
86.6
🛒 Groceries2.5%
Grand Junction
96.1
Grand Rapids
93.7
🚗 Transportation≈ Equal
Grand Junction
104.8
Grand Rapids
104.5
🏥 Healthcare≈ Equal
Grand Junction
94.8
Grand Rapids
94.6
Utilities+12.6%
Grand Junction
83.3
Grand Rapids
93.8

Salary Equivalency Calculator

Enter your current salary in Grand Junction to see what you'd need to earn in Grand Rapids to maintain the same purchasing power.

$
Equivalent salary in Grand Rapids, MI
$80,000
Same salary works in both cities

Formula: salary × (95.5 ÷ 95.5) = salary × 1.0000. Based on BEA Regional Price Parities.

Housing Market

Grand Junction, CO

Median Home Price
$418,000
Median Monthly Rent
$1,725
Housing Index
86.4
Price-to-Rent Ratio
20.2×

Grand Rapids, MI

Median Home Price
$339,000
Median Monthly Rent
$1,650
Housing Index
86.6
Price-to-Rent Ratio
17.1×

Income & Job Market

Grand Junction, CO

Median Household Income
$64,700
Per Capita Income
$36,900
Unemployment Rate
4.4%
Population
64,785
Top Industries
EnergyHealthcareAgricultureRetailGovernment

Grand Rapids, MI

Median Household Income
$78,000
Per Capita Income
$44,500
Unemployment Rate
3.2%
Population
198,917
Top Industries
ManufacturingHealthcareFinanceEducationTechnology

Affordability at a Glance

Income-to-rent ratio: higher is better (more income relative to housing costs).

Grand Junction, CO
3.1×income-to-rent ratio

68% of income left after rent (median)

Grand Rapids, MI
3.9×income-to-rent ratio

75% of income left after rent (median)

Data Sources: Bureau of Economic Analysis (BEA) Regional Price Parities 2024; U.S. Census Bureau American Community Survey (ACS); Bureau of Labor Statistics (BLS) Local Area Unemployment Statistics; Zillow Research.

Cost indices use 100 as the U.S. national average. Values above 100 indicate costs above the national average. Data is updated annually.

This data is for informational purposes only and should not be used as the sole basis for relocation or financial decisions.