What is the cost of living in Berkley, MI?
According to the most recent data on the cost of living, Berkley has an overall cost of living index of 105, which is 1.1x higher than the national index of 100.
Compared to Michigan, Berkley has a cost of living index that's 1.2x higher than Michigan's index of 91.
The standard of living in Berkley ranks as #153 most affordable out of the 179 places we measured in Michigan. By definition, that implies Berkley ranks as the #26 most expensive place in the Wolverine State.
For more reading on life in Berkley, check out:
Berkley Cost Of Living Vs. Michigan
Six factors go into calculating the cost of living index in Berkley. Here is how it fares on each of the criteria:
The Services index in Berkley is 98.
The Groceries index in Berkley is 97.
The Health index in Berkley is 121.
The Housing index in Berkley is 100.
The Transportation index in Berkley is 99.
The Utilities index in Berkley is 100.
| Living Expense | Berkley | Michigan | National Average |
|---|---|---|---|
| Overall | 105 | 91 | 100 |
| Services | 98 | 97 | 100 |
| Groceries | 97 | 98 | 100 |
| Health | 121 | 75 | 100 |
| Housing | 100 | 98 | 100 |
| Transportation | 99 | 101 | 100 |
| Utilities | 100 | 98 | 100 |
Berkley Cost Of Living Compared To Michigan Averages
Index where 100 = national average. Source: cost-of-living index 2026.
For more reading on cost of living around Michigan, check out:
Protect your home budget Compare home warranties in Berkley Get matched →Source: Cost-of-living index 2026, normalized to US average = 100
Berkley, MI Housing Cost Breakdown
Housing swings affordability the most between places in Michigan, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2020-2024. The key points are:
The Median Home Value in Berkley is $314,815.
The Median Rent in Berkley is $1,526.
The Median Income in Berkley is $116,239.
The Home Value To Income in Berkley is 2.7x.
The Rent To Monthly Income in Berkley is 0.16x.
Berkley, MI Costs By Category
Detailed Berkley Services costs vs. Michigan
Detailed Berkley Groceries costs vs. Michigan
Detailed Berkley Health costs vs. Michigan
Detailed Berkley Transportation costs vs. Michigan
Berkley SnackAbility
Cost Of Living In Cities Around Berkley
The cost of living varies in the cities and towns around Berkley. Here's a quick look at the cost of living in the most populous nearby places:
Troy, MI has a cost of living index of 114, 1.1x Berkley.
Rochester Hills, MI has a cost of living index of 118, 1.1x Berkley.
Southfield, MI has a cost of living index of 99, 0.9x Berkley.
| City | Population | Cost Of Living | Vs. Berkley |
|---|---|---|---|
| Troy, MI | 87,898 | 114 | 1.1x |
| Rochester Hills, MI | 77,089 | 118 | 1.1x |
| Southfield, MI | 76,236 | 99 | 0.9x |
| Novi, MI | 66,717 | 116 | 1.1x |
| Royal Oak, MI | 57,950 | 107 | 1.0x |
| Oak Park, MI | 29,318 | 95 | 0.9x |
| Birmingham, MI | 21,763 | 146 | 1.4x |
| Ferndale, MI | 19,190 | 101 | 1.0x |
| Clawson, MI | 11,374 | 101 | 1.0x |
| Beverly Hills, MI | 10,524 | 127 | 1.2x |
