What is the cost of living in Grosse Pointe Woods, MI?
According to the most recent data on the cost of living, Grosse Pointe Woods has an overall cost of living index of 110, which is 1.1x higher than the national index of 100.
Compared to Michigan, Grosse Pointe Woods has a cost of living index that's 1.2x higher than Michigan's index of 91.
The standard of living in Grosse Pointe Woods ranks as #160 most affordable out of the 179 places we measured in Michigan. By definition, that implies Grosse Pointe Woods ranks as the #19 most expensive place in the Wolverine State.
For more reading on life in Grosse Pointe Woods, check out:
Grosse Pointe Woods Cost Of Living Vs. Michigan
Six factors go into calculating the cost of living index in Grosse Pointe Woods. Here is how it fares on each of the criteria:
The Services index in Grosse Pointe Woods is 98.
The Groceries index in Grosse Pointe Woods is 97.
The Health index in Grosse Pointe Woods is 146.
The Housing index in Grosse Pointe Woods is 97.
The Transportation index in Grosse Pointe Woods is 100.
The Utilities index in Grosse Pointe Woods is 95.
| Living Expense | Grosse Pointe Woods | Michigan | National Average |
|---|---|---|---|
| Overall | 110 | 91 | 100 |
| Services | 98 | 97 | 100 |
| Groceries | 97 | 98 | 100 |
| Health | 146 | 75 | 100 |
| Housing | 97 | 98 | 100 |
| Transportation | 100 | 101 | 100 |
| Utilities | 95 | 98 | 100 |
Grosse Pointe Woods 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 Woods Get matched →Source: Cost-of-living index 2026, normalized to US average = 100
Grosse Pointe Woods, 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 Woods is $349,100.
The Median Rent in Grosse Pointe Woods is $1,879.
The Median Income in Grosse Pointe Woods is $126,395.
The Home Value To Income in Grosse Pointe Woods is 2.8x.
The Rent To Monthly Income in Grosse Pointe Woods is 0.18x.
| Statistic | Grosse Pointe Woods | Michigan | United States |
|---|---|---|---|
| Median Home Value | $349,100 | $259,857 | $332,700 |
| Median Rent | $1,879 | $1,129 | $1,413 |
| Median Income | $126,395 | $72,875 | $80,734 |
| Home Value To Income | 2.8x | 3.6x | 4.1x |
| Rent To Monthly Income | 0.18x | 0.19x | 0.21x |
Grosse Pointe Woods, MI Costs By Category
Detailed Grosse Pointe Woods Services costs vs. Michigan
| Item | Grosse Pointe Woods | 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 Woods Groceries costs vs. Michigan
| Item | Grosse Pointe Woods | 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 Woods Health costs vs. Michigan
| Item | Grosse Pointe Woods | Michigan |
|---|---|---|
| Optometrist | $85.0 | $125.68 |
| Doctor | $103.33 | $135.78 |
| Dentist | $91.0 | $113.29 |
Detailed Grosse Pointe Woods Transportation costs vs. Michigan
| Item | Grosse Pointe Woods | Michigan |
|---|---|---|
| Gasoline | $3.35 | $3.46 |
| Tire Balancing | $56.0 | $59.92 |
Detailed Grosse Pointe Woods Utilities costs vs. Michigan
| Item | Grosse Pointe Woods | Michigan |
|---|---|---|
| All Electricity | $219.2 | $193.99 |
| Phone | $184.44 | $192.25 |
Grosse Pointe Woods SnackAbility
Cost Of Living In Cities Around Grosse Pointe Woods
The cost of living varies in the cities and towns around Grosse Pointe Woods. 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, 1.0x Grosse Pointe Woods.
St. Clair Shores, MI has a cost of living index of 94, 0.9x Grosse Pointe Woods.
Royal Oak, MI has a cost of living index of 107, 1.0x Grosse Pointe Woods.
| City | Population | Cost Of Living | Vs. Grosse Pointe Woods |
|---|---|---|---|
| Troy, MI | 87,898 | 114 | 1.0x |
| St. Clair Shores, MI | 58,140 | 94 | 0.9x |
| Royal Oak, MI | 57,950 | 107 | 1.0x |
| Roseville, MI | 47,123 | 87 | 0.8x |
| Eastpointe, MI | 33,982 | 87 | 0.8x |
| Birmingham, MI | 21,763 | 146 | 1.3x |
| Berkley, MI | 15,149 | 105 | 1.0x |
| Harper Woods, MI | 15,116 | 91 | 0.8x |
| Fraser, MI | 14,583 | 91 | 0.8x |
| Clawson, MI | 11,374 | 101 | 0.9x |
