Southfield, MI Cost Of Living

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

Cost of living in Southfield, Michigan

Cost of living in Southfield 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 Southfield 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:

99 Cost of living index 1.0x lower vs US
#133 Cheapest in Michigan (of 179)
#2,364 Cheapest in the U.S. (of 6,489)
$250,952 Median home value
$1,340 Median rent
$68,166 Median income
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What is the cost of living in Southfield, MI?

According to the most recent data on the cost of living, Southfield has an overall cost of living index of 99, which is 1.0x lower than the national index of 100.

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

The standard of living in Southfield ranks as #133 most affordable out of the 179 places we measured in Michigan. By definition, that implies Southfield ranks as the #46 most expensive place in the Wolverine State.

For more reading on life in Southfield, check out:

Southfield Cost Of Living Vs. Michigan

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

  • The Services index in Southfield is 97.

  • The Groceries index in Southfield is 98.

  • The Health index in Southfield is 99.

  • The Housing index in Southfield is 93.

  • The Transportation index in Southfield is 101.

  • The Utilities index in Southfield is 99.

Living Expense Southfield Michigan National Average
Overall 99 91 100
Services 97 97 100
Groceries 98 98 100
Health 99 75 100
Housing 93 98 100
Transportation 101 101 100
Utilities 99 98 100

Southfield Cost Of Living Compared To Michigan Averages

Services
Southfield 97
Michigan avg 97
Groceries
Southfield 98
Michigan avg 98
Health
Southfield 99
Michigan avg 75
Housing
Southfield 93
Michigan avg 98
Transportation
Southfield 101
Michigan avg 101
Utilities
Southfield 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

Southfield, MI Housing Cost Breakdown

$250,952Median Home Value
$1,340Median Rent
$68,166Median 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 Southfield is $250,952.

  • The Median Rent in Southfield is $1,340.

  • The Median Income in Southfield is $68,166.

  • The Home Value To Income in Southfield is 3.7x.

  • The Rent To Monthly Income in Southfield is 0.24x.

Statistic Southfield Michigan United States
Median Home Value $250,952 $259,857 $332,700
Median Rent $1,340 $1,129 $1,413
Median Income $68,166 $72,875 $80,734
Home Value To Income 3.7x 3.6x 4.1x
Rent To Monthly Income 0.24x 0.19x 0.21x

Southfield, MI Costs By Category

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

Southfield SnackAbility

8Overall SnackAbility
Jobs 6/10
Housing 8/10
Affordability 6/10
Diversity 8.5/10
Safety 5/10
Amenities 9/10
Education 8.5/10
Commute 8/10

Cost Of Living In Cities Around Southfield

The cost of living varies in the cities and towns around Southfield. Here's a quick look at the cost of living in the most populous nearby places:

  • Cambridge, MA has a cost of living index of 204, 2.1x Southfield.

  • Brockton, MA has a cost of living index of 127, 1.3x Southfield.

  • Quincy, MA has a cost of living index of 149, 1.5x Southfield.

City Population Cost Of Living Vs. Southfield
Cambridge, MA 118,796 204 2.1x
Brockton, MA 105,386 127 1.3x
Quincy, MA 102,114 149 1.5x
Newton, MA 89,044 205 2.1x
Somerville, MA 81,036 186 1.9x
Brookline, MA 63,266 221 2.2x
Needham, MA 32,459 203 2.1x
Milton, MA 28,587 168 1.7x
Dedham, MA 25,237 154 1.6x
Abington, MA 17,053 140 1.4x