What is the cost of living in Farmington Hills, MI?
According to the most recent data on the cost of living, Farmington Hills has an overall cost of living index of 112, which is 1.1x higher than the national index of 100.
Compared to Michigan, Farmington Hills has a cost of living index that's 1.2x higher than Michigan's index of 91.
The standard of living in Farmington Hills ranks as #164 most affordable out of the 179 places we measured in Michigan. By definition, that implies Farmington Hills ranks as the #15 most expensive place in the Wolverine State.
For more reading on life in Farmington Hills, check out:
Farmington Hills Cost Of Living Vs. Michigan
Six factors go into calculating the cost of living index in Farmington Hills. Here is how it fares on each of the criteria:
The Services index in Farmington Hills is 99.
The Groceries index in Farmington Hills is 98.
The Health index in Farmington Hills is 139.
The Housing index in Farmington Hills is 95.
The Transportation index in Farmington Hills is 103.
The Utilities index in Farmington Hills is 100.
| Living Expense | Farmington Hills | Michigan | National Average |
|---|---|---|---|
| Overall | 112 | 91 | 100 |
| Services | 99 | 97 | 100 |
| Groceries | 98 | 98 | 100 |
| Health | 139 | 75 | 100 |
| Housing | 95 | 98 | 100 |
| Transportation | 103 | 101 | 100 |
| Utilities | 100 | 98 | 100 |
Farmington Hills 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 Farmington Hills Get matched →Source: Cost-of-living index 2026, normalized to US average = 100
Farmington Hills, 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 Farmington Hills is $387,307.
The Median Rent in Farmington Hills is $1,551.
The Median Income in Farmington Hills is $104,836.
The Home Value To Income in Farmington Hills is 3.7x.
The Rent To Monthly Income in Farmington Hills is 0.18x.
| Statistic | Farmington Hills | Michigan | United States |
|---|---|---|---|
| Median Home Value | $387,307 | $259,857 | $332,700 |
| Median Rent | $1,551 | $1,129 | $1,413 |
| Median Income | $104,836 | $72,875 | $80,734 |
| Home Value To Income | 3.7x | 3.6x | 4.1x |
| Rent To Monthly Income | 0.18x | 0.19x | 0.21x |
Farmington Hills, MI Costs By Category
Detailed Farmington Hills Services costs vs. Michigan
| Item | Farmington Hills | 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 Farmington Hills Groceries costs vs. Michigan
| Item | Farmington Hills | 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 Farmington Hills Health costs vs. Michigan
| Item | Farmington Hills | Michigan |
|---|---|---|
| Optometrist | $85.0 | $125.68 |
| Doctor | $103.33 | $135.78 |
| Dentist | $91.0 | $113.29 |
Detailed Farmington Hills Transportation costs vs. Michigan
| Item | Farmington Hills | Michigan |
|---|---|---|
| Gasoline | $3.35 | $3.46 |
| Tire Balancing | $56.0 | $59.92 |
Detailed Farmington Hills Utilities costs vs. Michigan
| Item | Farmington Hills | Michigan |
|---|---|---|
| All Electricity | $219.2 | $193.99 |
| Phone | $184.44 | $192.25 |
Farmington Hills SnackAbility
Cost Of Living In Cities Around Farmington Hills
The cost of living varies in the cities and towns around Farmington Hills. Here's a quick look at the cost of living in the most populous nearby places:
Livonia, MI has a cost of living index of 101, 0.9x Farmington Hills.
Troy, MI has a cost of living index of 114, 1.0x Farmington Hills.
Rochester Hills, MI has a cost of living index of 118, 1.1x Farmington Hills.
| City | Population | Cost Of Living | Vs. Farmington Hills |
|---|---|---|---|
| Livonia, MI | 93,851 | 101 | 0.9x |
| Troy, MI | 87,898 | 114 | 1.0x |
| Rochester Hills, MI | 77,089 | 118 | 1.1x |
| Southfield, MI | 76,236 | 99 | 0.9x |
| Novi, MI | 66,717 | 116 | 1.0x |
| Royal Oak, MI | 57,950 | 107 | 1.0x |
| Birmingham, MI | 21,763 | 146 | 1.3x |
| Berkley, MI | 15,149 | 105 | 0.9x |
| Farmington, MI | 11,504 | 105 | 0.9x |
| Clawson, MI | 11,374 | 101 | 0.9x |
