Highland Park, MI Cost Of Living

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

Cost of living in Highland Park, Michigan

Cost of living in Highland 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 Highland 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:

78 Cost of living index 0.8x lower vs US
#3 Cheapest in Michigan (of 179)
#7 Cheapest in the U.S. (of 6,489)
$88,863 Median home value
$688 Median rent
$29,309 Median income
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What is the cost of living in Highland Park, MI?

According to the most recent data on the cost of living, Highland Park has an overall cost of living index of 78, which is 0.8x lower than the national index of 100.

Compared to Michigan, Highland Park has a cost of living index that's 0.9x lower than Michigan's index of 91.

The standard of living in Highland Park ranks as #3 most affordable out of the 179 places we measured in Michigan. By definition, that implies Highland Park ranks as the #176 most expensive place in the Wolverine State.

For more reading on life in Highland Park, check out:

Highland Park Cost Of Living Vs. Michigan

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

  • The Services index in Highland Park is 99.

  • The Groceries index in Highland Park is 99.

  • The Health index in Highland Park is 39.

  • The Housing index in Highland Park is 95.

  • The Transportation index in Highland Park is 103.

  • The Utilities index in Highland Park is 99.

Living Expense Highland Park Michigan National Average
Overall 78 91 100
Services 99 97 100
Groceries 99 98 100
Health 39 75 100
Housing 95 98 100
Transportation 103 101 100
Utilities 99 98 100

Highland Park Cost Of Living Compared To Michigan Averages

Services
Highland Park 99
Michigan avg 97
Groceries
Highland Park 99
Michigan avg 98
Health
Highland Park 39
Michigan avg 75
Housing
Highland Park 95
Michigan avg 98
Transportation
Highland Park 103
Michigan avg 101
Utilities
Highland Park 99
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

Highland Park, MI Housing Cost Breakdown

$88,863Median Home Value
$688Median Rent
$29,309Median 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 Highland Park is $88,863.

  • The Median Rent in Highland Park is $688.

  • The Median Income in Highland Park is $29,309.

  • The Home Value To Income in Highland Park is 3.0x.

  • The Rent To Monthly Income in Highland Park is 0.28x.

Statistic Highland Park Michigan United States
Median Home Value $88,863 $259,857 $332,700
Median Rent $688 $1,129 $1,413
Median Income $29,309 $72,875 $80,734
Home Value To Income 3.0x 3.6x 4.1x
Rent To Monthly Income 0.28x 0.19x 0.21x

Highland Park, MI Costs By Category

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

Highland Park SnackAbility

4Overall SnackAbility
Jobs 1/10
Housing 3/10
Affordability 6/10
Diversity 6/10
Safety 4/10
Amenities 9/10
Education 5/10
Commute 7/10

Cost Of Living In Cities Around Highland Park

The cost of living varies in the cities and towns around Highland 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, 1.1x Highland Park.

  • Warren, MI has a cost of living index of 95, 1.2x Highland Park.

  • Troy, MI has a cost of living index of 114, 1.5x Highland Park.

City Population Cost Of Living Vs. Highland Park
Detroit, MI 638,530 83 1.1x
Warren, MI 137,928 95 1.2x
Troy, MI 87,898 114 1.5x
Rochester Hills, MI 77,089 118 1.5x
Royal Oak, MI 57,950 107 1.4x
Oak Park, MI 29,318 95 1.2x
Madison Heights, MI 28,419 94 1.2x
Hamtramck, MI 27,743 86 1.1x
Birmingham, MI 21,763 146 1.9x
Ferndale, MI 19,190 101 1.3x