According to the most recent data on the cost of living, Beverly Hills has an overall cost of living index of 123 which is 1.2x higher than the national index of 100.
Compared to only Michigan, Beverly Hills has a cost of living index that's 1.4x higher than Michigan's index of 91.
The standard of living in Beverly Hills ranks as #4,956 most affordable out of the 6,418 places we measured in Michigan. By definition, that implies Beverly Hills ranks as the #1,463 most expensive place in the Wolverine State.
Living Expense | Beverly Hills | Michigan | National Average | |
---|---|---|---|---|
Overall | 123 | 91 | 100 | |
Services | 110 | 95 | 100 | |
Groceries | 102 | 90 | 100 | |
Health | 95 | 96 | 100 | |
Housing | 162 | 76 | 100 | |
Transportation | 109 | 101 | 100 | |
Utilities | 97 | 103 | 100 |
Housing swings affordability the most between places in Michigan, so we broke down the statistics around housing costs into more detail. It's also important to consider median household incomes to make apples-to-apples comparisons across locations.
Home and income come data comes from the most recent US Census ACS 2014-2018.
Statistic | Beverly Hills | Michigan | United States |
---|---|---|---|
Median Home Value | $394,500 | $162,600 | $229,800 |
Median Rent | $1,228 | $892 | $1,096 |
Median Income | $129,196 | $59,234 | $64,994 |
Home Value To Income | 3.1x | 2.7x | 3.5x |
Rent To Monthly Income | 0.11x | 0.18x | 0.2x |
Item | Beverly Hills | Michigan |
---|---|---|
Shampoo | $0.94 | $1.06 |
Movie | $11.26 | $10.68 |
Bowling | $19.8 | $14.67 |
Item | Beverly Hills | Michigan |
---|---|---|
Ground Beef | $4.55 | $4.22 |
Fried Chicken | $1.13 | $1.39 |
Milk | $1.44 | $2.05 |
Item | Beverly Hills | Michigan |
---|---|---|
Haircut | $18.95 | $18.62 |
Beauty Salon | $54.27 | $39.05 |
Toothpaste | $2.43 | $2.34 |
Item | Beverly Hills | Michigan |
---|---|---|
Potatoes | $4.18 | $3.29 |
Pizza | $10.82 | $10.62 |
Beer | $8.42 | $9.38 |
Optometrist | $81.52 | $108.57 |
Doctor | $104.59 | $116.17 |
Dentist | $99.57 | $99.13 |
Item | Beverly Hills | Michigan |
---|---|---|
Gasoline | $2.25 | $2.22 |
Tire Balancing | $58.95 | $50.07 |
All Electricity | $159.51 | $167.67 |
Phone | $178.81 | $175.64 |
City | Population | Cost Of Living | Vs. Beverly Hills |
---|---|---|---|
Troy, MI | 84,051 | 113 | 0.9x |
Rochester Hills, MI | 74,340 | 111 | 0.9x |
Southfield, MI | 72,966 | 96 | 0.8x |
Novi, MI | 60,439 | 113 | 0.9x |
Royal Oak, MI | 59,256 | 101 | 0.8x |
Birmingham, MI | 21,272 | 134 | 1.1x |
Berkley, MI | 15,352 | 102 | 0.8x |
Clawson, MI | 11,909 | 99 | 0.8x |
Plymouth, MI | 9,168 | 109 | 0.9x |
Huntington Woods, MI | 6,303 | 123 | 1.0x |