Cost of Living in Ionia, MI

Population 12,950 · Michigan · Data vintage 2023

56
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Ionia is a smaller Michigan community of around 13000 residents, where median household incomes of $60,729 and housing costs ($161,000 for a typical home) give the local cost-of-living profile a distinctly small-town shape. At 6.3%, the local unemployment rate runs well above the US figure, pointing to structural rather than cyclical labor-market issues.

Located 30 miles east of Grand Rapids, Ionia falls within that metro's commuting orbit. Median home values run roughly 29% lower than Grand Rapids' $226,000.

Cost Overview

Housing 53
Rent 60

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

About the Cost of Living in Ionia

The median home value in Ionia is $161,100 — 47% below the national median of $305,000. Median rent runs $789/month, 40% lower than the national median of $1,314/month. The median household income of $60,729/year is 19% lower than the US median of $74,580. The local unemployment rate is 6.3%, 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, Ionia has a cost of living index of 56 versus the US average of 100, meaning it is 44% less expensive.

🏠 Housing

Median Home Value
$161,100
47% below avg
Zillow Home Value
$219,571
Zillow ZHVI
Median Rent
$789/mo
40% below avg
Price-to-Rent Ratio
17.0x
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 60.4%
Renter-occupied 39.6%

💰 Estimated Monthly Budget

Rent median rent
$789
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,403/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
24.7 min
9% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
5.2%

Commute Mode

Drove alone
67.7%
Carpooled
12.3%
Public transit
7.2%
Walked
5.9%
Work from home
5.2%

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
$60,729
19% below avg
Per Capita Income
$22,729
Unemployment Rate
6.3%
30% above avg
Poverty Rate
16.4%
Labor Force Participation
48.2%

🎓 Education

Bachelor's degree+ 8.2%
Graduate degree 3.6%

👥 Demographics

Median Age 38.2
Male median age 38.1
Female median age 38.4

🏫 Schools

NCES CCD 2019 — public school district data

72%
4-Year Graduation Rate
19.8:1
Student-teacher ratio
11
Public schools
3,053
Total enrollment

Frequently Asked Questions

What is the cost of living in Ionia, MI?

Ionia has a cost index of 56 (100 = national average). It is 44% below the national average.

What is average rent in Ionia, MI?

The median gross rent in Ionia is $789 per month based on 2023 Census data.

What is the average home price in Ionia?

The median home value in Ionia is $161,100 according to Zillow and Census data.

What is the median income in Ionia?

The median household income in Ionia is $60,729 per year (2023 ACS 5-year estimates).

What is the sales tax in Ionia, MI?

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

Is Ionia, MI affordable?

Yes, Ionia is generally considered affordable, with a cost of living index of 56 — about 44% below the US national average of 100.

Ionia at a Glance

Population
12,950
Median Income
$60,729
Home Value
$161,100
Median Rent
$789/mo
Unemployment
6.3%
Sales Tax
6.0%
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🗺️ County data for Michigan

Explore county-level cost of living data

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