CostIndexUSA

Grand Rapids, MI vs Oklahoma City, OK Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

MI
Grand Rapids
95.5
overall index
$1,650/mo rent
More AffordableOK
Oklahoma City
90.4
overall index
$1,350/mo rent

Oklahoma City is moderately cheaper than Grand Rapids — 5.3% lower overall cost of living.

To match an $80,000 salary in Grand Rapids, you would need $75,700 in Oklahoma City. Calculate your salary ↓

Category Breakdown

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

🏠 Housing14.7%
Grand Rapids
86.6
Oklahoma City
73.9
🛒 Groceries≈ Equal
Grand Rapids
93.7
Oklahoma City
93.8
🚗 Transportation4.1%
Grand Rapids
104.5
Oklahoma City
100.2
🏥 Healthcare4.1%
Grand Rapids
94.6
Oklahoma City
90.7
Utilities21.0%
Grand Rapids
93.8
Oklahoma City
74.1

Salary Equivalency Calculator

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

$
Equivalent salary in Oklahoma City, OK
$75,700
$4,300 less needed in Oklahoma City

Formula: salary × (90.4 ÷ 95.5) = salary × 0.9466. 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×

Oklahoma City, OK

Median Home Price
$239,000
Median Monthly Rent
$1,350
Housing Index
73.9
Price-to-Rent Ratio
14.8×

Grand Rapids has 14.7% lower housing costs compared to Oklahoma City.

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

Oklahoma City, OK

Median Household Income
$69,900
Per Capita Income
$39,800
Unemployment Rate
4.5%
Population
681,054
Top Industries
EnergyGovernmentHealthcareAgricultureAerospace

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)

Oklahoma City, OK
4.3×income-to-rent ratio

77% 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.