What is the cost of living in Fraser, MI?
According to the most recent data on the cost of living, Fraser has an overall cost of living index of 91, which is 0.9x lower than the national index of 100.
Compared to Michigan, Fraser has a cost of living index that's 1.0x lower than Michigan's index of 91.
The standard of living in Fraser ranks as #76 most affordable out of the 179 places we measured in Michigan. By definition, that implies Fraser ranks as the #103 most expensive place in the Wolverine State.
For more reading on life in Fraser, check out:
Fraser Cost Of Living Vs. Michigan
Six factors go into calculating the cost of living index in Fraser. Here is how it fares on each of the criteria:
The Services index in Fraser is 98.
The Groceries index in Fraser is 95.
The Health index in Fraser is 85.
The Housing index in Fraser is 99.
The Transportation index in Fraser is 98.
The Utilities index in Fraser is 93.
| Living Expense | Fraser | Michigan | National Average |
|---|---|---|---|
| Overall | 91 | 91 | 100 |
| Services | 98 | 97 | 100 |
| Groceries | 95 | 98 | 100 |
| Health | 85 | 75 | 100 |
| Housing | 99 | 98 | 100 |
| Transportation | 98 | 101 | 100 |
| Utilities | 93 | 98 | 100 |
Fraser 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 Fraser Get matched →Source: Cost-of-living index 2026, normalized to US average = 100
Fraser, 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 Fraser is $234,791.
The Median Rent in Fraser is $843.
The Median Income in Fraser is $64,354.
The Home Value To Income in Fraser is 3.6x.
The Rent To Monthly Income in Fraser is 0.16x.
Fraser, MI Costs By Category
Detailed Fraser Services costs vs. Michigan
Detailed Fraser Groceries costs vs. Michigan
Detailed Fraser Health costs vs. Michigan
Detailed Fraser Transportation costs vs. Michigan
Fraser SnackAbility
Cost Of Living In Cities Around Fraser
The cost of living varies in the cities and towns around Fraser. 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, 1.0x Fraser.
Sterling Heights, MI has a cost of living index of 102, 1.1x Fraser.
Troy, MI has a cost of living index of 114, 1.3x Fraser.
| City | Population | Cost Of Living | Vs. Fraser |
|---|---|---|---|
| Warren, MI | 137,928 | 95 | 1.0x |
| Sterling Heights, MI | 133,573 | 102 | 1.1x |
| Troy, MI | 87,898 | 114 | 1.3x |
| Rochester Hills, MI | 77,089 | 118 | 1.3x |
| St. Clair Shores, MI | 58,140 | 94 | 1.0x |
| Royal Oak, MI | 57,950 | 107 | 1.2x |
| Roseville, MI | 47,123 | 87 | 1.0x |
| Eastpointe, MI | 33,982 | 87 | 1.0x |
| Birmingham, MI | 21,763 | 146 | 1.6x |
| Grosse Pointe Woods, MI | 16,094 | 110 | 1.2x |
