Cost of living in Clawson research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Clawson is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in Michigan, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:
The cost of living index in Clawson is 99, with 100 being the average.
The cost of living index in Clawson is 1.0x lower than the national average.
Clawson ranks as the #144 cheapest in Michigan out of 175.
Clawson ranks as the #3,027 cheapest out of 6,412 in the US.
The median home value in Clawson is $204,700.
The median income in Clawson is $76,575.
According to the most recent data on the cost of living, Clawson has an overall cost of living index of 99, which is 1.0x lower than the national index of 100.
Compared to Michigan, Clawson has a cost of living index that's 1.1x higher than Michigan's index of 92.
The standard of living in Clawson ranks as #144 most affordable out of the 175 places we measured in Michigan. By definition, that implies Clawson ranks as the #31 most expensive place in the Wolverine State.
For more reading on life in Clawson, check out:
Six factors go into calculating the cost of living index in Clawson. Here is how it fairs on each of the criteria:
The Services index in Clawson is 111.
The Groceries index in Clawson is 101.
The Health index in Clawson is 96.
The Housing index in Clawson is 79.
The Transportation index in Clawson is 106.
The Utilities index in Clawson is 97.
|Living Expense||Clawson||Michigan||National Average|
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 2017-2021. The key points are:
The Median Home Value in Clawson is $204,700.
The Median Rent in Clawson is $968.
The Median Income in Clawson is $76,575.
The Home Value To Income in Clawson is 2.7x.
The Rent To Monthly Income in Clawson is 0.15x.
|Median Home Value||$204,700||$172,100||$244,900|
|Home Value To Income||2.7x||2.7x||3.5x|
|Rent To Monthly Income||0.15x||0.18x||0.2x|
The cost of living varies in the cities and towns around Clawson. 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 113, 1.1x Clawson.
Rochester Hills, MI has a cost of living index of 111, 1.1x Clawson.
Novi, MI has a cost of living index of 113, 1.1x Clawson.
|City||Population||Cost Of Living||Vs. Clawson|
|Rochester Hills, MI||75,990||111||1.1x|
|Royal Oak, MI||58,368||101||1.0x|
|Oak Park, MI||29,677||93||0.9x|
|Madison Heights, MI||28,719||88||0.9x|
|Beverly Hills, MI||10,593||123||1.2x|