Eastpointe, MI Cost Of Living
Cost Of Living In Eastpointe, MI Summary
Cost of living in Eastpointe 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 Eastpointe 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 Eastpointe is 88, with 100 being the average.
The cost of living index in Eastpointe is 0.9x lower than the national average.
Eastpointe ranks as the #56 cheapest in Michigan out of 180.
Eastpointe ranks as the #912 cheapest out of 6,489 in the US.
The median home value in Eastpointe is $155,015.
The median income in Eastpointe is $58,196.
Table Of Contents
Eastpointe's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Eastpointe, MI?
According to the most recent data on the cost of living, Eastpointe has an overall cost of living index of 88, which is 0.9x lower than the national index of 100.
Compared to Michigan, Eastpointe has a cost of living index that's 1.0x lower than Michigan's index of 90.
The standard of living in Eastpointe ranks as #56 most affordable out of the 180 places we measured in Michigan. By definition, that implies Eastpointe ranks as the #124 most expensive place in the Wolverine State.
For more reading on life in Eastpointe, check out:
In Michigan
In America
Eastpointe Cost Of Living Vs. Michigan
Six factors go into calculating the cost of living index in Eastpointe. Here is how it fairs on each of the criteria:
The Services index in Eastpointe is 100.
The Groceries index in Eastpointe is 105.
The Health index in Eastpointe is 103.
The Housing index in Eastpointe is 67.
The Transportation index in Eastpointe is 101.
The Utilities index in Eastpointe is 92.
| Living Expense | Eastpointe | Michigan | National Average | |
|---|---|---|---|---|
| Overall | 88 | 90 | 100 | |
| Services | 100 | 93 | 100 | |
| Groceries | 105 | 97 | 100 | |
| Health | 103 | 91 | 100 | |
| Housing | 67 | 72 | 100 | |
| Transportation | 101 | 96 | 100 | |
| Utilities | 92 | 99 | 100 | |
Eastpointe, 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 2019-2023. The key points are:
The Median Home Value in Eastpointe is $155,015.
The Median Rent in Eastpointe is $1,335.
The Median Income in Eastpointe is $58,196.
The Home Value To Income in Eastpointe is 2.7x.
The Rent To Monthly Income in Eastpointe is 0.28x.
| Statistic | Eastpointe | Michigan | United States |
|---|---|---|---|
| Median Home Value | $155,015 | $258,642 | $303,400 |
| Median Rent | $1,335 | $1,084 | $1,348 |
| Median Income | $58,196 | $71,149 | $78,538 |
| Home Value To Income | 2.7x | 3.6x | 3.9x |
| Rent To Monthly Income | 0.28x | 0.18x | 0.21x |
Median Home Value
Median Rent
Median Income
Eastpointe, MI Costs By Category
Detailed Eastpointe Services Costs Vs. Michigan
| Item | Eastpointe | Michigan |
|---|---|---|
| Shampoo | $1.13 | $1.28 |
| Movie | $12.99 | $12.13 |
| Bowling | $12.33 | $18 |
| Haircut | $16.8 | $24.26 |
| Beauty Salon | $24.78 | $45.56 |
Detailed Eastpointe Groceries Costs Vs. Michigan
| Item | Eastpointe | Michigan |
|---|---|---|
| Ground Beef | $5.75 | $5.84 |
| Fried Chicken | $1.41 | $1.57 |
| Milk | $4.78 | $4.67 |
| Potatoes | $4.8 | $4.93 |
| Pizza | $8.99 | $12.09 |
| Beer | $9.04 | $10.41 |
| Toothpaste | $3.66 | $3.7 |
Detailed Eastpointe Health Costs Vs. Michigan
| Item | Eastpointe | Michigan |
|---|---|---|
| Optometrist | $85.0 | $125.68 |
| Doctor | $103.33 | $135.78 |
| Dentist | $91.0 | $113.29 |
Detailed Eastpointe Transportation Costs Vs. Michigan
| Item | Eastpointe | Michigan |
|---|---|---|
| Gasoline | $3.35 | $3.46 |
| Tire Balancing | $56.0 | $59.92 |
Detailed Eastpointe Utilities Costs Vs. Michigan
| Item | Eastpointe | Michigan |
|---|---|---|
| All Electricity | $219.2 | $193.99 |
| Phone | $184.44 | $192.25 |
Eastpointe SnackAbility
/10
Cost Of Living In Cities Around Eastpointe
The cost of living varies in the cities and towns around Eastpointe. Here's a quick look at the cost of living in the most populous nearby places:
Warren, MI has a cost of living index of 95, 1.1x Eastpointe.
Troy, MI has a cost of living index of 120, 1.4x Eastpointe.
Rochester Hills, MI has a cost of living index of 118, 1.3x Eastpointe.
| City | Population | Cost Of Living | Vs. Eastpointe |
|---|---|---|---|
| Warren, MI | 138,128 | 95 | 1.1x |
| Troy, MI | 87,307 | 120 | 1.4x |
| Rochester Hills, MI | 76,086 | 118 | 1.3x |
| St. Clair Shores, MI | 58,287 | 96 | 1.1x |
| Royal Oak, MI | 57,880 | 107 | 1.2x |
| Roseville, MI | 47,240 | 93 | 1.1x |
| Birmingham, MI | 21,612 | 149 | 1.7x |
| Grosse Pointe Woods, MI | 16,177 | 112 | 1.3x |
| Harper Woods, MI | 15,205 | 91 | 1.0x |
| Berkley, MI | 15,084 | 108 | 1.2x |
