Cost of Living in Greenville, MI

Population 8,897 · Michigan · Data vintage 2023

59
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Greenville sits on the smaller end of the Michigan city distribution. That scale shapes the housing market, the labor pool, and the services available to residents in ways the data below makes visible. At 6.1%, the local unemployment rate runs well above the US figure, pointing to structural rather than cyclical labor-market issues.

Geographically, Greenville is about 25 miles northeast of Grand Rapids, the nearest large metro. Median home values run roughly 29% lower than Grand Rapids' $226,000.

Cost Overview

Housing 53
Rent 68

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

About the Cost of Living in Greenville

The median home value in Greenville is $160,600 — 47% below the national median of $305,000. Median rent runs $899/month, 32% lower than the national median of $1,314/month. The median household income of $55,477/year is 26% lower than the US median of $74,580. The local unemployment rate is 6.1%, 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, Greenville has a cost of living index of 59 versus the US average of 100, meaning it is 41% less expensive.

🏠 Housing

Median Home Value
$160,600
47% below avg
Zillow Home Value
$259,775
Zillow ZHVI
Median Rent
$899/mo
32% below avg
Price-to-Rent Ratio
14.9x
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 60.1%
Renter-occupied 39.9%

💰 Estimated Monthly Budget

Rent median rent
$899
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,513/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
24.2 min
10% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
3.8%

Commute Mode

Drove alone
87.8%
Carpooled
5.0%
Walked
3.5%
Work from home
3.8%

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
$55,477
26% below avg
Per Capita Income
$28,849
Unemployment Rate
6.1%
26% above avg
Poverty Rate
11.5%
Labor Force Participation
59.9%

🎓 Education

Bachelor's degree+ 11.5%
Graduate degree 4.7%

👥 Demographics

Median Age 37.8
Male median age 38.6
Female median age 35.7

🏫 Schools

NCES CCD 2019 — public school district data

90%
4-Year Graduation Rate
19.1:1
Student-teacher ratio
7
Public schools
3,657
Total enrollment

Frequently Asked Questions

What is the cost of living in Greenville, MI?

Greenville has a cost index of 59 (100 = national average). It is 41% below the national average.

What is average rent in Greenville, MI?

The median gross rent in Greenville is $899 per month based on 2023 Census data.

What is the average home price in Greenville?

The median home value in Greenville is $160,600 according to Zillow and Census data.

What is the median income in Greenville?

The median household income in Greenville is $55,477 per year (2023 ACS 5-year estimates).

What is the sales tax in Greenville, MI?

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

Is Greenville, MI affordable?

Yes, Greenville is generally considered affordable, with a cost of living index of 59 — about 41% below the US national average of 100.

Greenville at a Glance

Population
8,897
Median Income
$55,477
Home Value
$160,600
Median Rent
$899/mo
Unemployment
6.1%
Sales Tax
6.0%
View all cities in Michigan →
🗺️ County data for Michigan

Explore county-level cost of living data

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