Cost of Living in Eaton Rapids, MI
Population 5,197 · Michigan · Data vintage 2023
(100 = US avg)
Buyers in Eaton Rapids can reasonably expect a home to cost less than three years of household income — $141,000 against $63,618 in typical earnings — a ratio that has collapsed to 5:1 or worse in much of the country. The labor market has been unusually tight, with unemployment around 1.4% — below most comparable cities in the state.
Located 15 miles southwest of Lansing, Eaton Rapids falls within that metro's commuting orbit. Median home values run roughly 18% higher than Lansing's $119,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Eaton Rapids
The median home value in Eaton Rapids is $140,600 — 54% below the national median of $305,000. Median rent runs $944/month, 28% lower than the national median of $1,314/month. The median household income of $63,618/year is 15% lower than the US median of $74,580. The local unemployment rate is 1.4%, 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%. Overall, Eaton Rapids has a cost of living index of 56 versus the US average of 100, meaning it is 44% less expensive.
Eaton Rapids 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 Eaton Rapids, MI?
Eaton Rapids has a cost index of 56 (100 = national average). It is 44% below the national average.
What is average rent in Eaton Rapids, MI?
The median gross rent in Eaton Rapids is $944 per month based on 2023 Census data.
What is the average home price in Eaton Rapids?
The median home value in Eaton Rapids is $140,600 according to Zillow and Census data.
What is the median income in Eaton Rapids?
The median household income in Eaton Rapids is $63,618 per year (2023 ACS 5-year estimates).
What is the sales tax in Eaton Rapids, MI?
The combined state and local sales tax rate in Eaton Rapids is 6.0%. The Michigan state income tax top rate is 4.3%.
Is Eaton Rapids, MI affordable?
Yes, Eaton Rapids is generally considered affordable, with a cost of living index of 56 — about 44% below the US national average of 100.
Eaton Rapids at a Glance
- Population
- 5,197
- Median Income
- $63,618
- Home Value
- $140,600
- Median Rent
- $944/mo
- Unemployment
- 1.4%
- Sales Tax
- 6.0%
Explore county-level cost of living data
Michigan Rankings
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