CostIndexUSA

Grand Rapids, MI vs Greenville, SC Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

MI
Grand Rapids
95.5
overall index
$1,650/mo rent
More AffordableSC
Greenville
93.3
overall index
$1,550/mo rent

Greenville is slightly cheaper than Grand Rapids — 2.3% lower overall cost of living.

To match an $80,000 salary in Grand Rapids, you would need $78,200 in Greenville. Calculate your salary ↓

Category Breakdown

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

🏠 Housing11.3%
Grand Rapids
86.6
Greenville
76.8
🛒 Groceries+2.8%
Grand Rapids
93.7
Greenville
96.3
🚗 Transportation1.2%
Grand Rapids
104.5
Greenville
103.2
🏥 Healthcare1.3%
Grand Rapids
94.6
Greenville
93.4
Utilities5.3%
Grand Rapids
93.8
Greenville
88.8

Salary Equivalency Calculator

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

$
Equivalent salary in Greenville, SC
$78,200
$1,800 less needed in Greenville

Formula: salary × (93.3 ÷ 95.5) = salary × 0.9770. Based on BEA Regional Price Parities.

Housing Market

Grand Rapids, MI

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

Greenville, SC

Median Home Price
$303,000
Median Monthly Rent
$1,550
Housing Index
76.8
Price-to-Rent Ratio
16.3×

Grand Rapids has 11.3% lower housing costs compared to Greenville.

Income & Job Market

Grand Rapids, MI

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

Greenville, SC

Median Household Income
$69,400
Per Capita Income
$39,600
Unemployment Rate
3.5%
Population
72,885
Top Industries
ManufacturingHealthcareTechnologyAutomotiveFinance

Affordability at a Glance

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

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

75% of income left after rent (median)

Greenville, SC
3.7×income-to-rent ratio

73% 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.