Cost of Living in Grand Beach, MI
Population: 368 | Michigan
Grand Beach is 60% more expensive than the national average.
Cost of Living in Grand Beach, MI: What You Need to Know
With a cost of living index of 160, Grand Beach, MI is one of the most expensive cities in the United States. Living here is 60% more expensive than the national average and 82% above the Michigan state average of 78. Grand Beach is a small community of 368 residents.
The median household income in Grand Beach is $115,000, which is 53% higher than the national median of $75,149. While incomes are above average, they do not fully offset the higher cost of living.
Everyday prices in the Niles, MI (Metropolitan Statistical Area) metro area are generally below the national average. Out of 6 common items tracked by the Bureau of Labor Statistics, 6 are priced lower than the US average. These real-world prices — from groceries to electricity — add up and should be factored into any cost of living comparison.
Data sources: US Census Bureau (ACS 2023), Zillow Home Values, HUD Fair Market Rents, BEA Regional Price Parities, BLS Average Prices, and NOAA Climate Normals. Updated monthly.
Income
- Median Household Income
- $115,000
- vs US Median ($75,149)
- +53%
Housing
- Median Home Value
- $1,081,700
- Median Monthly Housing Cost
- $2,729/mo
Everyday Prices in Grand Beach
BLS Average Prices for the Niles, MI (Metropolitan Statistical Area) area