Cost of Living in Belding, MI
Population 5,949 · Michigan · Data vintage 2023
(100 = US avg)
Under 25,000 residents gives Belding a small-town character that shows up in every data point below — from the commute patterns to the rental inventory. A typical home runs $153,000. At 6.9%, the local unemployment rate runs well above the US figure, pointing to structural rather than cyclical labor-market issues.
Belding sits roughly 25 miles east of Grand Rapids — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 32% lower than Grand Rapids' $226,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Belding
The median home value in Belding is $152,700 — 50% below the national median of $305,000. Median rent runs $693/month, 47% lower than the national median of $1,314/month. The median household income of $55,895/year is 25% lower than the US median of $74,580. The local unemployment rate is 6.9%, above the national average of 4.8%. Michigan's top state income tax rate is 4.3% and the combined sales tax is 6.0%. Overall, Belding has a cost of living index of 51 versus the US average of 100, meaning it is 49% less expensive.
Belding has limited residential data
Detailed housing and income data is limited for this location. Here are the nearest cities with full cost of living data:
🏠 Housing
HUD Fair Market Rents by Bedroom
💰 Estimated Monthly Budget
Estimates based on median data and national averages. Actual costs vary.
🛒 Food & Groceries
National BLS average prices (2023). Local prices may vary.
🚗 Transportation
Commute Mode
⚡ Utilities
📋 Taxes
💼 Income & Employment
🎓 Education
👥 Demographics
🏫 Schools
NCES CCD 2019 — public school district data
Frequently Asked Questions
What is the cost of living in Belding, MI?
Belding has a cost index of 51 (100 = national average). It is 49% below the national average.
What is average rent in Belding, MI?
The median gross rent in Belding is $693 per month based on 2023 Census data.
What is the average home price in Belding?
The median home value in Belding is $152,700 according to Zillow and Census data.
What is the median income in Belding?
The median household income in Belding is $55,895 per year (2023 ACS 5-year estimates).
What is the sales tax in Belding, MI?
The combined state and local sales tax rate in Belding is 6.0%. The Michigan state income tax top rate is 4.3%.
Is Belding, MI affordable?
Yes, Belding is generally considered affordable, with a cost of living index of 51 — about 49% below the US national average of 100.
Belding at a Glance
- Population
- 5,949
- Median Income
- $55,895
- Home Value
- $152,700
- Median Rent
- $693/mo
- Unemployment
- 6.9%
- Sales Tax
- 6.0%
Nearby Cities
Explore county-level cost of living data
Michigan Rankings
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