Royal Oak, MI Cost Of Living

Demographics | Crime | Cost Of Living
Updated: 2022-04-07
101
Royal Oak's Overall Cost Of Living
1.0x
Higher Than The National Average
148 out of 175
In Michigan
3,263 out of 6,412
In America
The cost of living index is set to 100 for the average place in America. An index above 100 means Royal Oak is expensive, while a number below 100 means it's a relatively cheap place to live.

What is the cost of living in Royal Oak, MI?

According to the most recent data on the cost of living, Royal Oak has an overall cost of living index of 101 which is 1.0x higher than the national index of 100.

Compared to only Michigan, Royal Oak has a cost of living index that's 1.1x higher than Michigan's index of 91.

The standard of living in Royal Oak ranks as #3,263 most affordable out of the 6,418 places we measured in Michigan. By definition, that implies Royal Oak ranks as the #3,156 most expensive place in the Wolverine State.

For more reading on life in Royal Oak, check out:

Royal Oak Cost Of Living Vs. Michigan

Living Expense Royal Oak Michigan National Average
Overall 101 91 100
Services 109 95 100
Groceries 102 90 100
Health 97 96 100
Housing 97 76 100
Transportation 105 101 100
Utilities 98 103 100
For more reading on cost of living around Michigan, check out:
Royal Oak Cost of Living Vs. MI

Royal Oak, MI Housing Cost Breakdown

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.

$236,600
Median Home Value
$1,129
Median Rent
$83,194
Median Income
Statistic Royal Oak Michigan United States
Median Home Value $236,600 $162,600 $229,800
Median Rent $1,129 $892 $1,096
Median Income $83,194 $59,234 $64,994
Home Value To Income 2.8x 2.7x 3.5x
Rent To Monthly Income 0.16x 0.18x 0.2x

Detailed Royal Oak Services Costs Vs. Michigan

Item Royal Oak Michigan
Shampoo $0.94 $1.06
Movie $11.26 $10.68
Bowling $19.8 $14.67

Detailed Royal Oak Groceries Costs Vs. Michigan

Item Royal Oak Michigan
Ground Beef $4.55 $4.22
Fried Chicken $1.13 $1.39
Milk $1.44 $2.05

Detailed Royal Oak Health Costs Vs. Michigan

Item Royal Oak Michigan
Haircut $18.95 $18.62
Beauty Salon $54.27 $39.05
Toothpaste $2.43 $2.34

Detailed Royal Oak Transportation Costs Vs. Michigan

Item Royal Oak 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

Detailed Royal Oak Utilities Costs Vs. Michigan

Item Royal Oak Michigan
Gasoline $2.25 $2.22
Tire Balancing $58.95 $50.07
All Electricity $159.51 $167.67
Phone $178.81 $175.64

Royal Oak SnackAbility

10
/10
Overall SnackAbility
Jobs
8.5/10
Housing
8.5
Affordability
8
Diversity
7
Safety
8.5
Amenities
9.5
Education
9.5
Commute
7

Cost Of Living In Cities Around Royal Oak

City Population Cost Of Living Vs. Royal Oak
Troy, MI 84,051 113 1.1x
Rochester Hills, MI 74,340 111 1.1x
Novi, MI 60,439 113 1.1x
Madison Heights, MI 30,000 88 0.9x
Oak Park, MI 29,446 93 0.9x
Birmingham, MI 21,272 134 1.3x
Ferndale, MI 20,139 94 0.9x
Hazel Park, MI 16,452 90 0.9x
Berkley, MI 15,352 102 1.0x
Clawson, MI 11,909 99 1.0x

Articles About Michigan

Enjoy The Snack?