According to the most recent data on the cost of living, Lincoln Park has an overall cost of living index of 89 which is 0.9x lower than the national index of 100.
Compared to only Michigan, Lincoln Park has a cost of living index that's 1.0x lower than Michigan's index of 91.
The standard of living in Lincoln Park ranks as #1,460 most affordable out of the 6,418 places we measured in Michigan. By definition, that implies Lincoln Park ranks as the #4,958 most expensive place in the Wolverine State.
Living Expense | Lincoln Park | Michigan | National Average | |
---|---|---|---|---|
Overall | 89 | 91 | 100 | |
Services | 111 | 95 | 100 | |
Groceries | 102 | 90 | 100 | |
Health | 96 | 96 | 100 | |
Housing | 47 | 76 | 100 | |
Transportation | 107 | 101 | 100 | |
Utilities | 95 | 103 | 100 |
Housing swings affordability the most between places in Michigan, so we broke down the statistics around housing costs into more detail. It's also important to consider median household incomes to make apples-to-apples comparisons across locations.
Home and income come data comes from the most recent US Census ACS 2014-2018.
Statistic | Lincoln Park | Michigan | United States |
---|---|---|---|
Median Home Value | $81,000 | $162,600 | $229,800 |
Median Rent | $850 | $892 | $1,096 |
Median Income | $47,094 | $59,234 | $64,994 |
Home Value To Income | 1.7x | 2.7x | 3.5x |
Rent To Monthly Income | 0.22x | 0.18x | 0.2x |
Item | Lincoln Park | Michigan |
---|---|---|
Shampoo | $0.94 | $1.06 |
Movie | $11.26 | $10.68 |
Bowling | $19.8 | $14.67 |
Item | Lincoln Park | Michigan |
---|---|---|
Ground Beef | $4.55 | $4.22 |
Fried Chicken | $1.13 | $1.39 |
Milk | $1.44 | $2.05 |
Item | Lincoln Park | Michigan |
---|---|---|
Haircut | $18.95 | $18.62 |
Beauty Salon | $54.27 | $39.05 |
Toothpaste | $2.43 | $2.34 |
Item | Lincoln Park | Michigan |
---|---|---|
Potatoes | $4.18 | $3.29 |
Pizza | $10.82 | $10.62 |
Beer | $8.42 | $9.38 |
Optometrist | $81.52 | $108.57 |
Doctor | $104.59 | $116.17 |
Dentist | $99.57 | $99.13 |
Item | Lincoln Park | Michigan |
---|---|---|
Gasoline | $2.25 | $2.22 |
Tire Balancing | $58.95 | $50.07 |
All Electricity | $159.51 | $167.67 |
Phone | $178.81 | $175.64 |
City | Population | Cost Of Living | Vs. Lincoln Park |
---|---|---|---|
Dearborn, MI | 94,328 | 96 | 1.1x |
Livonia, MI | 93,970 | 102 | 1.1x |
Farmington Hills, MI | 80,937 | 107 | 1.2x |
Taylor, MI | 61,164 | 88 | 1.0x |
Royal Oak, MI | 59,256 | 101 | 1.1x |
Southgate, MI | 29,129 | 92 | 1.0x |
Allen Park, MI | 27,089 | 91 | 1.0x |
Wyandotte, MI | 24,944 | 88 | 1.0x |
Trenton, MI | 18,214 | 96 | 1.1x |
Berkley, MI | 15,352 | 102 | 1.1x |