Cost of Living in Grawn, MI
Population: 824 | Michigan
Grawn is 18% less expensive than the national average.
Cost of Living in Grawn, MI: What You Need to Know
With a cost of living index of 82, Grawn, MI is a very affordable place to live. Living here is 18% cheaper than the national average and 4% above the Michigan state average of 78. Grawn is a small community of 824 residents.
The median household income in Grawn is $57,386, which is 24% lower than the national median of $75,149. Lower incomes here are balanced by the significantly lower cost of living, stretching each dollar further.
Everyday prices in the Traverse City, 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
- $57,386
- vs US Median ($75,149)
- -24%
Housing
- Median Home Value
- $120,200
Everyday Prices in Grawn
BLS Average Prices for the Traverse City, MI (Metropolitan Statistical Area) area