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 124, which is 1.2x higher than the national index of 100.
Compared to Michigan, Grosse Pointe Farms has a cost of living index that's 1.4x higher than Michigan's index of 91.
The standard of living in Grosse Pointe Farms ranks as #174 most affordable out of the 179 places we measured in Michigan. By definition, that implies Grosse Pointe Farms ranks as the #5 most expensive place in the Wolverine State.
For more reading on life in Grosse Pointe Farms, check out:
Grosse Pointe Farms Cost Of Living Vs. Michigan
Six factors go into calculating the cost of living index in Grosse Pointe Farms. Here is how it fares on each of the criteria:
The Services index in Grosse Pointe Farms is 98.
The Groceries index in Grosse Pointe Farms is 97.
The Health index in Grosse Pointe Farms is 181.
The Housing index in Grosse Pointe Farms is 98.
The Transportation index in Grosse Pointe Farms is 104.
The Utilities index in Grosse Pointe Farms is 92.
| Living Expense | Grosse Pointe Farms | Michigan | National Average |
|---|---|---|---|
| Overall | 124 | 91 | 100 |
| Services | 98 | 97 | 100 |
| Groceries | 97 | 98 | 100 |
| Health | 181 | 75 | 100 |
| Housing | 98 | 98 | 100 |
| Transportation | 104 | 101 | 100 |
| Utilities | 92 | 98 | 100 |
Grosse Pointe Farms 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 Grosse Pointe Farms Get matched →Source: Cost-of-living index 2026, normalized to US average = 100
Grosse Pointe Farms, 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 Grosse Pointe Farms is $513,933.
The Median Rent in Grosse Pointe Farms is $1,408.
The Median Income in Grosse Pointe Farms is $161,208.
The Home Value To Income in Grosse Pointe Farms is 3.2x.
The Rent To Monthly Income in Grosse Pointe Farms is 0.1x.
| Statistic | Grosse Pointe Farms | Michigan | United States |
|---|---|---|---|
| Median Home Value | $513,933 | $259,857 | $332,700 |
| Median Rent | $1,408 | $1,129 | $1,413 |
| Median Income | $161,208 | $72,875 | $80,734 |
| Home Value To Income | 3.2x | 3.6x | 4.1x |
| Rent To Monthly Income | 0.1x | 0.19x | 0.21x |
Grosse Pointe Farms, MI Costs By Category
Detailed Grosse Pointe Farms Services costs vs. Michigan
| Item | Grosse Pointe Farms | 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 Grosse Pointe Farms Groceries costs vs. Michigan
| Item | Grosse Pointe Farms | 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 Grosse Pointe Farms Health costs vs. Michigan
| Item | Grosse Pointe Farms | Michigan |
|---|---|---|
| Optometrist | $85.0 | $125.68 |
| Doctor | $103.33 | $135.78 |
| Dentist | $91.0 | $113.29 |
Detailed Grosse Pointe Farms Transportation costs vs. Michigan
| Item | Grosse Pointe Farms | Michigan |
|---|---|---|
| Gasoline | $3.35 | $3.46 |
| Tire Balancing | $56.0 | $59.92 |
Detailed Grosse Pointe Farms Utilities costs vs. Michigan
| Item | Grosse Pointe Farms | Michigan |
|---|---|---|
| All Electricity | $219.2 | $193.99 |
| Phone | $184.44 | $192.25 |
Grosse Pointe Farms SnackAbility
Cost Of Living In Cities Around Grosse Pointe Farms
The cost of living varies in the cities and towns around Grosse Pointe Farms. Here's a quick look at the cost of living in the most populous nearby places:
Troy, MI has a cost of living index of 114, 0.9x Grosse Pointe Farms.
St. Clair Shores, MI has a cost of living index of 94, 0.8x Grosse Pointe Farms.
Royal Oak, MI has a cost of living index of 107, 0.9x Grosse Pointe Farms.
| City | Population | Cost Of Living | Vs. Grosse Pointe Farms |
|---|---|---|---|
| Troy, MI | 87,898 | 114 | 0.9x |
| St. Clair Shores, MI | 58,140 | 94 | 0.8x |
| Royal Oak, MI | 57,950 | 107 | 0.9x |
| Roseville, MI | 47,123 | 87 | 0.7x |
| Eastpointe, MI | 33,982 | 87 | 0.7x |
| Hamtramck, MI | 27,743 | 86 | 0.7x |
| Birmingham, MI | 21,763 | 146 | 1.2x |
| Grosse Pointe Woods, MI | 16,094 | 110 | 0.9x |
| Berkley, MI | 15,149 | 105 | 0.8x |
| Harper Woods, MI | 15,116 | 91 | 0.7x |
