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Grant, MI vs Rockwood, MI

74
Grant
Michigan
VS
-5.8%
78
Rockwood
Michigan

Grant is moderately more affordable than Rockwood, with a 5.8% lower cost of living index. Grant scores 74 compared to 78 for Rockwood, where the US average is 100. This difference means residents of Rockwood can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Grant is $950/month compared to $968/month in Rockwood — a 2% difference. Home values follow the same pattern: Grant is more affordable at $158,600 median vs $180,000.

Median household income in Grant is $56,875 compared to $85,391 in Rockwood (-33.4%). While Rockwood is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Grant spend roughly 20% of their income on rent, more than the 13.6% in Rockwood.

Income & Cost

Cost of Living Index
Grant
74
6% cheaper
Rockwood
78
Median Household Income
Grant
$56,875
Rockwood
$85,391
33% higher

Housing

Median Rent
Grant
$950
2% cheaper
Rockwood
$968
Median Home Value
Grant
$158,600
12% cheaper
Rockwood
$180,000
Population
Grant
1,146
Rockwood
3,189

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Grant $2.88
Rockwood $3.00
US $3.07
🥚
Eggs (grade A, large)
Grant $2.35
Rockwood $2.45
US $2.50
🥛
Milk (whole)
Grant $3.79
Rockwood $3.94
US $4.03
🍞
Bread (white)
Grant $1.74
Rockwood $1.81
US $1.85
🍗
Chicken breast
Grant $3.90
Rockwood $4.06
US $4.14
Electricity
Grant $0.17
Rockwood $0.20
US $0.19