Median mortgage payment for 2018: $1,253
Median rent for 2018: $860
Category |
Estimated Annual Spend (in 000's) |
---|---|
Food | $2,394,905 |
--Home Prepared Food | $1,349,510 |
--Restaurant/Takeaway Food | $1,045,395 |
Alcoholic Beverages | $175,816 |
Housing | $6,070,418 |
--Rent/Mortgage/Upkeep/Taxes | $3,549,591 |
--Utilities | $1,223,587 |
--Operations | $460,924 |
--Supplies | $225,710 |
--Furnishings | $612,982 |
Apparel | $563,088 |
--Men & Boys | $125,923 |
--Women & Girls | $228,086 |
--Children < 2 | $2,376 |
--Footwear | $118,795 |
Transportation | $2,948,489 |
--New Vehicles | $551,208 |
--Used Vehicles | $629,613 |
--Fuel | $636,740 |
--Insurance | $294,611 |
--Public Transit | $247,093 |
Healthcare | $1,501,567 |
Entertainment | $974,118 |
--Pets | $199,575 |
--Toys | $47,518 |
Personal Care Products | $232,838 |
Books & Literature | $33,263 |
Education | $425,286 |
Tobacco Products | $104,539 |
Miscellaneous | $299,363 |
Retirement | $570,215 |
Non-health Insurance | $2,204,833 |
Total Expenditures | $18,498,737 |
Period | Geography | Population |
---|---|---|
2014 | Grand Rapids-Wyoming, MI Metro Area | 1,007,329 |
2015 | Grand Rapids-Wyoming, MI Metro Area | 1,017,877 |
2016 | Grand Rapids-Wyoming, MI Metro Area | 1,028,173 |
2017 | Grand Rapids-Wyoming, MI Metro Area | 1,039,182 |
2018 | Grand Rapids-Wyoming, MI Metro Area | 1,050,440 |