Cost of Living in Grand Ledge, MI

Population 7,797 · Michigan · Data vintage 2023

66
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Housing costs in Grand Ledge stay well under national norms: a median home value of $189,000 against median household incomes of $66,515 gives the city one of the more comfortable price-to-income ratios in Michigan.

Grand Ledge sits roughly 10 miles west of Lansing — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 59% higher than Lansing's $119,000.

Cost Overview

Housing 62
Rent 72

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

About the Cost of Living in Grand Ledge

The median home value in Grand Ledge is $189,300 — 38% 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 $66,515/year is 11% lower than the US median of $74,580. The local unemployment rate is 5.2%, 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%. The climate averages highs of 57.9°F and lows of 39.2°F, with about 50.2" of annual snowfall. Overall, Grand Ledge has a cost of living index of 66 versus the US average of 100, meaning it is 34% less expensive.

🏠 Housing

Median Home Value
$189,300
38% below avg
Zillow Home Value
$291,008
Zillow ZHVI
Median Rent
$944/mo
28% below avg
Price-to-Rent Ratio
16.7x
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 67.7%
Renter-occupied 32.3%

💰 Estimated Monthly Budget

Rent median rent
$944
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,558/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
23.8 min
12% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
13.7%

Commute Mode

Drove alone
79.1%
Carpooled
3.0%
Public transit
0.3%
Walked
3.2%
Work from home
13.7%

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
$66,515
11% below avg
Per Capita Income
$42,049
Unemployment Rate
5.2%
8% above avg
Poverty Rate
6.0%
Labor Force Participation
62.8%

🎓 Education

Bachelor's degree+ 21.5%
Graduate degree 14.5%

👥 Demographics

Median Age 44.5
Male median age 42.1
Female median age 45.3

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
57.9°F
Avg Low
39.2°F
Annual Precip
33.3"
Annual Snowfall
50.2"
10° 30° 50° 70° 90° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 313444586979838174614736
Low °F 171826364857616052413223
Precip" 2.061.712.133.263.663.762.943.482.813.162.461.90
Snow" 14.312.95.91.70.00.00.00.00.00.23.911.3

🏫 Schools

NCES CCD 2019 — public school district data

96%
4-Year Graduation Rate
18.4:1
Student-teacher ratio
9
Public schools
5,397
Total enrollment

Frequently Asked Questions

What is the cost of living in Grand Ledge, MI?

Grand Ledge has a cost index of 66 (100 = national average). It is 34% below the national average.

What is average rent in Grand Ledge, MI?

The median gross rent in Grand Ledge is $944 per month based on 2023 Census data.

What is the average home price in Grand Ledge?

The median home value in Grand Ledge is $189,300 according to Zillow and Census data.

What is the median income in Grand Ledge?

The median household income in Grand Ledge is $66,515 per year (2023 ACS 5-year estimates).

What is the sales tax in Grand Ledge, MI?

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

Is Grand Ledge, MI affordable?

Yes, Grand Ledge is generally considered affordable, with a cost of living index of 66 — about 34% below the US national average of 100.

What is the weather like in Grand Ledge?

Grand Ledge has average high temperatures of 57.9°F and average lows of 39.2°F. Annual precipitation is 33.3". Average annual snowfall is 50.2". Data from NOAA 1991–2020 Climate Normals.

Grand Ledge at a Glance

Population
7,797
Median Income
$66,515
Home Value
$189,300
Median Rent
$944/mo
Unemployment
5.2%
Avg High Temp
57.9°F
Sales Tax
6.0%
View all cities in Michigan →
🗺️ County data for Michigan

Explore county-level cost of living data

Similar Cost Cities

Cities in other states with comparable housing costs