According to the most recent data on the cost of living, Southfield has an overall cost of living index of 96 which is 1.0x lower than the national index of 100.
Compared to only 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 #2,601 most affordable out of the 6,418 places we measured in Michigan. By definition, that implies Southfield ranks as the #3,818 most expensive place in the Wolverine State.
Living Expense | Southfield | Michigan | National Average | |
---|---|---|---|---|
Overall | 96 | 91 | 100 | |
Services | 110 | 95 | 100 | |
Groceries | 100 | 90 | 100 | |
Health | 97 | 96 | 100 | |
Housing | 75 | 76 | 100 | |
Transportation | 105 | 101 | 100 | |
Utilities | 94 | 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 | Southfield | Michigan | United States |
---|---|---|---|
Median Home Value | $164,800 | $162,600 | $229,800 |
Median Rent | $1,126 | $892 | $1,096 |
Median Income | $58,076 | $59,234 | $64,994 |
Home Value To Income | 2.8x | 2.7x | 3.5x |
Rent To Monthly Income | 0.23x | 0.18x | 0.2x |
Item | Southfield | Michigan |
---|---|---|
Shampoo | $0.94 | $1.06 |
Movie | $11.26 | $10.68 |
Bowling | $19.8 | $14.67 |
Item | Southfield | Michigan |
---|---|---|
Ground Beef | $4.55 | $4.22 |
Fried Chicken | $1.13 | $1.39 |
Milk | $1.44 | $2.05 |
Item | Southfield | Michigan |
---|---|---|
Haircut | $18.95 | $18.62 |
Beauty Salon | $54.27 | $39.05 |
Toothpaste | $2.43 | $2.34 |
Item | Southfield | 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 | Southfield | 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. Southfield |
---|---|---|---|
Cambridge, MA | 117,822 | 172 | 1.8x |
Brockton, MA | 95,740 | 122 | 1.3x |
Quincy, MA | 94,389 | 139 | 1.4x |
Newton, MA | 88,322 | 192 | 2.0x |
Somerville, MA | 81,175 | 158 | 1.6x |
Brookline, MA | 59,223 | 191 | 2.0x |
Needham, MA | 31,177 | 180 | 1.9x |
Milton, MA | 27,590 | 156 | 1.6x |
Dedham, MA | 25,330 | 141 | 1.5x |
Abington, MA | 16,557 | 132 | 1.4x |