Roseville, MI Cost Of Living
Cost Of Living In Roseville, MI Summary
Cost of living in Roseville 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 Roseville 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 Roseville is 90, with 100 being the average.
The cost of living index in Roseville is 0.9x lower than the national average.
Roseville ranks as the #84 cheapest in Michigan out of 175.
Roseville ranks as the #1,633 cheapest out of 6,412 in the US.
The median home value in Roseville is $107,300.
The median income in Roseville is $51,794.
Table Of Contents
Roseville's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Roseville, MI?
According to the most recent data on the cost of living, Roseville has an overall cost of living index of 90, which is 0.9x lower than the national index of 100.
Compared to Michigan, Roseville has a cost of living index that's 1.0x lower than Michigan's index of 92.
The standard of living in Roseville ranks as #84 most affordable out of the 175 places we measured in Michigan. By definition, that implies Roseville ranks as the #91 most expensive place in the Wolverine State.
For more reading on life in Roseville, check out:
- Living In Roseville
- Roseville Crime Report
- Search Homes For Sale In Roseville, MI
In Michigan
In America
Roseville Cost Of Living Vs. Michigan
Six factors go into calculating the cost of living index in Roseville. Here is how it fairs on each of the criteria:
The Services index in Roseville is 109.
The Groceries index in Roseville is 101.
The Health index in Roseville is 94.
The Housing index in Roseville is 54.
The Transportation index in Roseville is 108.
The Utilities index in Roseville is 94.
| Living Expense | Roseville | Michigan | National Average | |
|---|---|---|---|---|
| Overall | 90 | 92 | 100 | |
| Services | 109 | 96 | 100 | |
| Groceries | 101 | 96 | 100 | |
| Health | 94 | 94 | 100 | |
| Housing | 54 | 80 | 100 | |
| Transportation | 108 | 97 | 100 | |
| Utilities | 94 | 100 | 100 | |
Roseville, 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 2017-2021. The key points are:
The Median Home Value in Roseville is $107,300.
The Median Rent in Roseville is $1,047.
The Median Income in Roseville is $51,794.
The Home Value To Income in Roseville is 2.1x.
The Rent To Monthly Income in Roseville is 0.24x.
| Statistic | Roseville | Michigan | United States |
|---|---|---|---|
| Median Home Value | $107,300 | $172,100 | $244,900 |
| Median Rent | $1,047 | $946 | $1,163 |
| Median Income | $51,794 | $63,202 | $69,021 |
| Home Value To Income | 2.1x | 2.7x | 3.5x |
| Rent To Monthly Income | 0.24x | 0.18x | 0.2x |
Median Home Value
Median Rent
Median Income
Roseville, MI Costs By Category
Detailed Roseville Services Costs Vs. Michigan
Detailed Roseville Groceries Costs Vs. Michigan
Detailed Roseville Health Costs Vs. Michigan
Detailed Roseville Transportation Costs Vs. Michigan
Detailed Roseville Utilities Costs Vs. Michigan
Roseville SnackAbility
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Cost Of Living In Cities Around Roseville
The cost of living varies in the cities and towns around Roseville. 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 90, 1.0x Roseville.
Sterling Heights, MI has a cost of living index of 97, 1.1x Roseville.
Troy, MI has a cost of living index of 113, 1.3x Roseville.
| City | Population | Cost Of Living | Vs. Roseville |
|---|---|---|---|
| Warren, MI | 138,996 | 90 | 1.0x |
| Sterling Heights, MI | 134,062 | 97 | 1.1x |
| Troy, MI | 86,912 | 113 | 1.3x |
| Rochester Hills, MI | 75,990 | 111 | 1.2x |
| St. Clair Shores, MI | 59,046 | 94 | 1.0x |
| Royal Oak, MI | 58,368 | 101 | 1.1x |
| Eastpointe, MI | 34,148 | 90 | 1.0x |
| Birmingham, MI | 21,728 | 134 | 1.5x |
| Grosse Pointe Woods, MI | 16,353 | 107 | 1.2x |
| Mount Clemens, MI | 15,735 | 89 | 1.0x |
