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Cost of Living in Grand Beach, MI

Population: 368 | Michigan

160
Cost of Living Index
US Average = 100

Grand Beach is 60% more expensive than the national average.

100
Housing
355
Home Values
90
Regional Price

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

$2.88
Gasoline (regular)
per gallon
-6% vs US
🥚
$2.35
Eggs (grade A, large)
per dozen
-6% vs US
🥛
$3.79
Milk (whole)
per gallon
-6% vs US
🍞
$1.74
Bread (white)
per lb
-6% vs US
🍗
$3.90
Chicken breast
per lb
-6% vs US
$0.18
Electricity
per kWh
-6% vs US

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