Forest Hills, MI Cost Of Living
What is the cost of living in Forest Hills, MI?
According to the most recent data on the cost of living, Forest Hills has an overall cost of living index of 112 which is 1.1x higher than the national index of 100.
Compared to only Michigan, Forest Hills has a cost of living index that's 1.3x higher than Michigan's index of 89.
The standard of living in Forest Hills ranks as #4292 most affordable out of the 6522 places we measured in Michigan. By definition, that implies Forest Hills ranks as the #2114 most expensive place in the Wolverine State.
Forest Hills Cost Of Living Vs. Michigan
| Living Expense | Forest Hills | Michigan | National Average | |
|---|---|---|---|---|
| Overall | 112 | 89 | 100 | |
| Services | 95 | 95 | 100 | |
| Groceries | 91 | 88 | 100 | |
| Health | 96 | 94 | 100 | |
| Housing | 148 | 74 | 100 | |
| Transportation | 106 | 106 | 100 | |
| Utilities | 99 | 99 | 100 | |
Forest Hills, MI Housing Cost Breakdown
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 | Forest Hills | Michigan | United States |
|---|---|---|---|
| Median Home Value | $329,900 | $146,200 | $204,900 |
| Median Rent | $1,363 | $850 | $1,023 |
| Median Income | $117,173 | $54,938 | $60,293 |
| Home Value To Income | 2.8x | 2.7x | 3.4x |
| Rent To Monthly Income | 0.14x | 0.19x | 0.2x |
Forest Hills SnackAbility
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Cost Of Living In Cities Around Forest Hills
| City | Population | Cost Of Living | Vs. Forest Hills | Grand Rapids, MI | 197,081 | 88 | 0.8x | Wyoming, MI | 75,532 | 86 | 0.8x | Kentwood, MI | 51,525 | 90 | 0.8x | Jenison, MI | 17,794 | 93 | 0.8x | Cutlerville, MI | 16,623 | 89 | 0.8x | Grandville, MI | 15,952 | 90 | 0.8x | Northview, MI | 15,391 | 92 | 0.8x | East Grand Rapids, MI | 11,642 | 115 | 1.0x | Comstock Park, MI | 10,374 | 88 | 0.8x | Hudsonville, MI | 7,344 | 90 | 0.8x |
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