Grosse Pointe Farms, MI Cost Of Living

Demographics | Crime | Cost Of Living
Updated: 2022-04-07
120
Grosse Pointe Farms's Overall Cost Of Living
1.2x
Higher Than The National Average
172 out of 175
In Michigan
4,798 out of 6,412
In America
The cost of living index is set to 100 for the average place in America. An index above 100 means Grosse Pointe Farms is expensive, while a number below 100 means it's a relatively cheap place to live.

What is the cost of living in Grosse Pointe Farms, MI?

According to the most recent data on the cost of living, Grosse Pointe Farms has an overall cost of living index of 120 which is 1.2x higher than the national index of 100.

Compared to only Michigan, Grosse Pointe Farms has a cost of living index that's 1.3x higher than Michigan's index of 91.

The standard of living in Grosse Pointe Farms ranks as #4,800 most affordable out of the 6,418 places we measured in Michigan. By definition, that implies Grosse Pointe Farms ranks as the #1,619 most expensive place in the Wolverine State.

Grosse Pointe Farms Cost Of Living Vs. Michigan

Living Expense Grosse Pointe Farms Michigan National Average
Overall 120 91 100
Services 110 95 100
Groceries 99 90 100
Health 97 96 100
Housing 151 76 100
Transportation 109 101 100
Utilities 97 103 100
For more reading on cost of living around Michigan, check out:
Grosse Pointe Farms Cost of Living Vs. MI

Grosse Pointe Farms, 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.

$357,100
Median Home Value
$1,363
Median Rent
$140,647
Median Income
Statistic Grosse Pointe Farms Michigan United States
Median Home Value $357,100 $162,600 $229,800
Median Rent $1,363 $892 $1,096
Median Income $140,647 $59,234 $64,994
Home Value To Income 2.5x 2.7x 3.5x
Rent To Monthly Income 0.12x 0.18x 0.2x

Detailed Grosse Pointe Farms Services Costs Vs. Michigan

Item Grosse Pointe Farms Michigan
Shampoo $0.94 $1.06
Movie $11.26 $10.68
Bowling $19.8 $14.67

Detailed Grosse Pointe Farms Groceries Costs Vs. Michigan

Item Grosse Pointe Farms Michigan
Ground Beef $4.55 $4.22
Fried Chicken $1.13 $1.39
Milk $1.44 $2.05

Detailed Grosse Pointe Farms Health Costs Vs. Michigan

Item Grosse Pointe Farms Michigan
Haircut $18.95 $18.62
Beauty Salon $54.27 $39.05
Toothpaste $2.43 $2.34

Detailed Grosse Pointe Farms Transportation Costs Vs. Michigan

Item Grosse Pointe Farms Michigan
Potatoes $4.18 $3.29
Pizza $10.82 $10.62
Beer $8.42 $9.38
Optometrist $81.52 $108.57
Doctor $104.59 $116.17
Dentist $99.57 $99.13

Detailed Grosse Pointe Farms Utilities Costs Vs. Michigan

Item Grosse Pointe Farms Michigan
Gasoline $2.25 $2.22
Tire Balancing $58.95 $50.07
All Electricity $159.51 $167.67
Phone $178.81 $175.64

Grosse Pointe Farms SnackAbility

10
/10
Overall SnackAbility
Jobs
9/10
Housing
9
Affordability
8.5
Diversity
5
Safety
8.5
Amenities
8.5
Education
10
Commute
6

Cost Of Living In Cities Around Grosse Pointe Farms

City Population Cost Of Living Vs. Grosse Pointe Farms
Troy, MI 84,051 113 0.9x
Royal Oak, MI 59,256 101 0.8x
St. Clair Shores, MI 59,184 94 0.8x
Roseville, MI 47,160 90 0.8x
Eastpointe, MI 32,221 90 0.8x
Hamtramck, MI 21,704 86 0.7x
Birmingham, MI 21,272 134 1.1x
Grosse Pointe Woods, MI 15,409 107 0.9x
Berkley, MI 15,352 102 0.8x
Harper Woods, MI 13,829 91 0.8x

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