Cost of living in Harper Woods 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 Harper Woods 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:
The cost of living index in Harper Woods is 91, with 100 being the average.
The cost of living index in Harper Woods is 0.9x lower than the national average.
Harper Woods ranks as the #75 cheapest in Michigan out of 180.
Harper Woods ranks as the #1,347 cheapest out of 6,489 in the US.
The median home value in Harper Woods is $160,032.
The median income in Harper Woods is $61,446.
According to the most recent data on the cost of living, Harper Woods has an overall cost of living index of 91, which is 0.9x lower than the national index of 100.
Compared to Michigan, Harper Woods has a cost of living index that's 1.0x higher than Michigan's index of 90.
The standard of living in Harper Woods ranks as #75 most affordable out of the 180 places we measured in Michigan. By definition, that implies Harper Woods ranks as the #105 most expensive place in the Wolverine State.
For more reading on life in Harper Woods, check out:
Six factors go into calculating the cost of living index in Harper Woods. Here is how it fairs on each of the criteria:
The Services index in Harper Woods is 103.
The Groceries index in Harper Woods is 104.
The Health index in Harper Woods is 104.
The Housing index in Harper Woods is 74.
The Transportation index in Harper Woods is 98.
The Utilities index in Harper Woods is 95.
| Living Expense | Harper Woods | Michigan | National Average | |
|---|---|---|---|---|
| Overall | 91 | 90 | 100 | |
| Services | 103 | 93 | 100 | |
| Groceries | 104 | 97 | 100 | |
| Health | 104 | 91 | 100 | |
| Housing | 74 | 72 | 100 | |
| Transportation | 98 | 96 | 100 | |
| Utilities | 95 | 99 | 100 | |
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 2019-2023. The key points are:
The Median Home Value in Harper Woods is $160,032.
The Median Rent in Harper Woods is $1,306.
The Median Income in Harper Woods is $61,446.
The Home Value To Income in Harper Woods is 2.6x.
The Rent To Monthly Income in Harper Woods is 0.26x.
| Statistic | Harper Woods | Michigan | United States |
|---|---|---|---|
| Median Home Value | $160,032 | $258,642 | $303,400 |
| Median Rent | $1,306 | $1,084 | $1,348 |
| Median Income | $61,446 | $71,149 | $78,538 |
| Home Value To Income | 2.6x | 3.6x | 3.9x |
| Rent To Monthly Income | 0.26x | 0.18x | 0.21x |
| Item | Harper 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 |
| Item | Harper 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 |
| Item | Harper Woods | Michigan |
|---|---|---|
| Optometrist | $85.0 | $125.68 |
| Doctor | $103.33 | $135.78 |
| Dentist | $91.0 | $113.29 |
| Item | Harper Woods | Michigan |
|---|---|---|
| Gasoline | $3.35 | $3.46 |
| Tire Balancing | $56.0 | $59.92 |
| Item | Harper Woods | Michigan |
|---|---|---|
| All Electricity | $219.2 | $193.99 |
| Phone | $184.44 | $192.25 |
The cost of living varies in the cities and towns around Harper Woods. 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 Harper Woods.
Troy, MI has a cost of living index of 120, 1.3x Harper Woods.
Rochester Hills, MI has a cost of living index of 118, 1.3x Harper Woods.
| City | Population | Cost Of Living | Vs. Harper Woods |
|---|---|---|---|
| Warren, MI | 138,128 | 95 | 1.0x |
| Troy, MI | 87,307 | 120 | 1.3x |
| Rochester Hills, MI | 76,086 | 118 | 1.3x |
| St. Clair Shores, MI | 58,287 | 96 | 1.1x |
| Royal Oak, MI | 57,880 | 107 | 1.2x |
| Roseville, MI | 47,240 | 93 | 1.0x |
| Eastpointe, MI | 34,003 | 88 | 1.0x |
| Birmingham, MI | 21,612 | 149 | 1.6x |
| Grosse Pointe Woods, MI | 16,177 | 112 | 1.2x |
| Berkley, MI | 15,084 | 108 | 1.2x |