Cost of Living in Eastwood, MI
Population 6,704 · Michigan · Data vintage 2023
(100 = US avg)
Under 25,000 residents gives Eastwood a small-town character that shows up in every data point below — from the commute patterns to the rental inventory. A typical home runs $134,000.
Located 45 miles south of Grand Rapids, Eastwood falls within that metro's commuting orbit. Median home values run roughly 41% lower than Grand Rapids' $226,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Eastwood
The median home value in Eastwood is $133,800 — 56% below the national median of $305,000. Median rent runs $1,028/month, 22% lower than the national median of $1,314/month. The median household income of $50,054/year is 33% lower than the US median of $74,580. The local unemployment rate is 3.4%, below the national average of 4.8%. Michigan's top state income tax rate is 4.3% and the combined sales tax is 6.0%. The climate averages highs of 58.7°F and lows of 40.2°F. Overall, Eastwood has a cost of living index of 58 versus the US average of 100, meaning it is 42% less expensive.
Eastwood 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
🌤 Climate
NOAA 1991–2020 Climate Normals
| Month | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| High °F | 32 | 35 | 46 | 59 | 70 | 80 | 83 | 81 | 74 | 61 | 48 | 37 |
| Low °F | 18 | 20 | 27 | 38 | 49 | 58 | 62 | 60 | 53 | 42 | 33 | 24 |
| Precip" | 1.70 | 1.34 | 2.01 | 3.07 | 3.70 | 3.20 | 3.36 | 3.66 | 3.27 | 3.74 | 2.50 | 1.68 |
💨 Air Quality
EPA AQS 2023 — county-level monitoring data
Frequently Asked Questions
What is the cost of living in Eastwood, MI?
Eastwood has a cost index of 58 (100 = national average). It is 42% below the national average.
What is average rent in Eastwood, MI?
The median gross rent in Eastwood is $1,028 per month based on 2023 Census data.
What is the average home price in Eastwood?
The median home value in Eastwood is $133,800 according to 2023 Census ACS data.
What is the median income in Eastwood?
The median household income in Eastwood is $50,054 per year (2023 ACS 5-year estimates).
What is the sales tax in Eastwood, MI?
The combined state and local sales tax rate in Eastwood is 6.0%. The Michigan state income tax top rate is 4.3%.
Is Eastwood, MI affordable?
Yes, Eastwood is generally considered affordable, with a cost of living index of 58 — about 42% below the US national average of 100.
What is the weather like in Eastwood?
Eastwood has average high temperatures of 58.7°F and average lows of 40.2°F. Annual precipitation is 33.2". Data from NOAA 1991–2020 Climate Normals.
Eastwood at a Glance
- Population
- 6,704
- Median Income
- $50,054
- Home Value
- $133,800
- Median Rent
- $1,028/mo
- Unemployment
- 3.4%
- Avg High Temp
- 58.7°F
- Sales Tax
- 6.0%
Nearby Cities
Explore county-level cost of living data
Michigan Rankings
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