Grosse Pointe Park, MI Cost Of Living

The latest cost of living statistics for Grosse Pointe Park. Includes statistics on rent, mortgages, healthcare, and other costs for Grosse Pointe Park compared to the state and national averages.

Cost of living in Grosse Pointe Park, Michigan

Cost of living in Grosse Pointe Park research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Grosse Pointe Park is expensive. An index value below 100 means the city is a relatively cheap place to live.

On a city-by-city basis in Michigan, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:

123 Cost of living index 1.2x higher vs US
#173 Cheapest in Michigan (of 179)
#4,534 Cheapest in the U.S. (of 6,489)
$502,194 Median home value
$1,379 Median rent
$124,111 Median income
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What is the cost of living in Grosse Pointe Park, MI?

According to the most recent data on the cost of living, Grosse Pointe Park has an overall cost of living index of 123, which is 1.2x higher than the national index of 100.

Compared to Michigan, Grosse Pointe Park has a cost of living index that's 1.4x higher than Michigan's index of 91.

The standard of living in Grosse Pointe Park ranks as #173 most affordable out of the 179 places we measured in Michigan. By definition, that implies Grosse Pointe Park ranks as the #6 most expensive place in the Wolverine State.

For more reading on life in Grosse Pointe Park, check out:

Grosse Pointe Park Cost Of Living Vs. Michigan

Six factors go into calculating the cost of living index in Grosse Pointe Park. Here is how it fares on each of the criteria:

  • The Services index in Grosse Pointe Park is 101.

  • The Groceries index in Grosse Pointe Park is 96.

  • The Health index in Grosse Pointe Park is 183.

  • The Housing index in Grosse Pointe Park is 98.

  • The Transportation index in Grosse Pointe Park is 100.

  • The Utilities index in Grosse Pointe Park is 94.

Living Expense Grosse Pointe Park Michigan National Average
Overall 123 91 100
Services 101 97 100
Groceries 96 98 100
Health 183 75 100
Housing 98 98 100
Transportation 100 101 100
Utilities 94 98 100

Grosse Pointe Park Cost Of Living Compared To Michigan Averages

Services
Grosse Pointe Park 101
Michigan avg 97
Groceries
Grosse Pointe Park 96
Michigan avg 98
Health
Grosse Pointe Park 183
Michigan avg 75
Housing
Grosse Pointe Park 98
Michigan avg 98
Transportation
Grosse Pointe Park 100
Michigan avg 101
Utilities
Grosse Pointe Park 94
Michigan avg 98

Index where 100 = national average. Source: cost-of-living index 2026.

For more reading on cost of living around Michigan, check out:

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Source: Cost-of-living index 2026, normalized to US average = 100

Grosse Pointe Park, MI Housing Cost Breakdown

$502,194Median Home Value
$1,379Median Rent
$124,111Median Income

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 Park is $502,194.

  • The Median Rent in Grosse Pointe Park is $1,379.

  • The Median Income in Grosse Pointe Park is $124,111.

  • The Home Value To Income in Grosse Pointe Park is 4.0x.

  • The Rent To Monthly Income in Grosse Pointe Park is 0.13x.

Statistic Grosse Pointe Park Michigan United States
Median Home Value $502,194 $259,857 $332,700
Median Rent $1,379 $1,129 $1,413
Median Income $124,111 $72,875 $80,734
Home Value To Income 4.0x 3.6x 4.1x
Rent To Monthly Income 0.13x 0.19x 0.21x

Grosse Pointe Park, MI Costs By Category

Detailed Grosse Pointe Park Services costs vs. Michigan
Item Grosse Pointe Park 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 Park Groceries costs vs. Michigan
Item Grosse Pointe Park 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 Park Health costs vs. Michigan
Item Grosse Pointe Park Michigan
Optometrist $85.0 $125.68
Doctor $103.33 $135.78
Dentist $91.0 $113.29
Detailed Grosse Pointe Park Transportation costs vs. Michigan
Item Grosse Pointe Park Michigan
Gasoline $3.35 $3.46
Tire Balancing $56.0 $59.92
Detailed Grosse Pointe Park Utilities costs vs. Michigan
Item Grosse Pointe Park Michigan
All Electricity $219.2 $193.99
Phone $184.44 $192.25

Grosse Pointe Park SnackAbility

10Overall SnackAbility
Jobs 9/10
Housing 8.5/10
Affordability 8.5/10
Diversity 8/10
Safety 8/10
Amenities 9/10
Education 9.5/10
Commute 7/10

Cost Of Living In Cities Around Grosse Pointe Park

The cost of living varies in the cities and towns around Grosse Pointe Park. Here's a quick look at the cost of living in the most populous nearby places:

  • Detroit, MI has a cost of living index of 83, 0.7x Grosse Pointe Park.

  • Troy, MI has a cost of living index of 114, 0.9x Grosse Pointe Park.

  • St. Clair Shores, MI has a cost of living index of 94, 0.8x Grosse Pointe Park.

City Population Cost Of Living Vs. Grosse Pointe Park
Detroit, MI 638,530 83 0.7x
Troy, MI 87,898 114 0.9x
St. Clair Shores, MI 58,140 94 0.8x
Royal Oak, MI 57,950 107 0.9x
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 0.9x
Harper Woods, MI 15,116 91 0.7x