Cost of Living in Big Rapids, MI

Population 7,847 · Michigan · Data vintage 2023

51
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

At $40,197, median household incomes in Big Rapids land roughly 46% below the US median, a gap that tends to persist across local labor-market indicators. A poverty rate near 35% adds context to the income figures — well above the US average, and worth factoring into any comparison with cities on the coasts or in the Rockies.

Big Rapids is about 50 miles north of Grand Rapids, the nearest large metro — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 40% lower than Grand Rapids' $226,000.

Cost Overview

Housing 44
Rent 62

Scale: 100 = US national average. Green < 90, Red > 110.

About the Cost of Living in Big Rapids

The median home value in Big Rapids is $134,200 — 56% below the national median of $305,000. Median rent runs $815/month, 38% lower than the national median of $1,314/month. The median household income of $40,197/year is 46% lower than the US median of $74,580. The local unemployment rate is 5.5%, 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, Big Rapids has a cost of living index of 51 versus the US average of 100, meaning it is 49% less expensive.

🏠 Housing

Median Home Value
$134,200
56% below avg
Zillow Home Value
$209,292
Zillow ZHVI
Median Rent
$815/mo
38% below avg
Zillow Rent
$1,100/mo
Zillow ZORI
Price-to-Rent Ratio
13.7x
Favors buying
Property Tax Rate
1.5%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$707
1 BR
$780
2 BR
$962
3 BR
$1,290
4 BR
$1,444
Owner-occupied 40.3%
Renter-occupied 59.7%

💰 Estimated Monthly Budget

Rent median rent
$815
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,429/mo

Estimates based on median data and national averages. Actual costs vary.

🛒 Food & Groceries

National BLS average prices (2023). Local prices may vary.

🥚
Eggs (dozen)
$0.548
🍞
White Bread (lb)
$1.912
🥩
Ground Beef (lb)
$5.61

🚗 Transportation

Avg Commute
17.3 min
36% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
7.1%

Commute Mode

Drove alone
66.6%
Carpooled
6.1%
Public transit
1.4%
Walked
16.2%
Bicycle
0.8%
Work from home
7.1%

Utilities

Electricity
$0.176/kWh
0% below avg

📋 Taxes

State Income Tax (flat) 4.3%
Total Sales Tax 6.0%
State rate 6.0%
Avg local rate 0.0%
Property Tax 1.5%

💼 Income & Employment

Median Household Income
$40,197
46% below avg
Per Capita Income
$20,904
Unemployment Rate
5.5%
14% above avg
Poverty Rate
35.4%
Labor Force Participation
63.9%

🎓 Education

Bachelor's degree+ 17.9%
Graduate degree 10.4%

👥 Demographics

Median Age 23
Male median age 22.5
Female median age 23.6

🏫 Schools

NCES CCD 2019 — public school district data

69%
4-Year Graduation Rate
22.1:1
Student-teacher ratio
5
Public schools
2,102
Total enrollment

Frequently Asked Questions

What is the cost of living in Big Rapids, MI?

Big Rapids has a cost index of 51 (100 = national average). It is 49% below the national average.

What is average rent in Big Rapids, MI?

The median gross rent in Big Rapids is $815 per month based on 2023 Census data.

What is the average home price in Big Rapids?

The median home value in Big Rapids is $134,200 according to Zillow and Census data.

What is the median income in Big Rapids?

The median household income in Big Rapids is $40,197 per year (2023 ACS 5-year estimates).

What is the sales tax in Big Rapids, MI?

The combined state and local sales tax rate in Big Rapids is 6.0%. The Michigan state income tax top rate is 4.3%.

Is Big Rapids, MI affordable?

Yes, Big Rapids is generally considered affordable, with a cost of living index of 51 — about 49% below the US national average of 100.

Big Rapids at a Glance

Population
7,847
Median Income
$40,197
Home Value
$134,200
Median Rent
$815/mo
Unemployment
5.5%
Sales Tax
6.0%
View all cities in Michigan →
🗺️ County data for Michigan

Explore county-level cost of living data

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