Southfield, MI Cost Of Living

Demographics | Crime | Cost Of Living
Updated: 2022-04-07
96
Southfield's Overall Cost Of Living
1.0x
Lower Than The National Average
129 out of 175
In Michigan
2,601 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 Southfield is expensive, while a number below 100 means it's a relatively cheap place to live.

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 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.

For more reading on life in Southfield, check out:

Southfield Cost Of Living Vs. Michigan

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
For more reading on cost of living around Michigan, check out:
Southfield Cost of Living Vs. MI

Southfield, 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.

$164,800
Median Home Value
$1,126
Median Rent
$58,076
Median Income
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

Detailed Southfield Services Costs Vs. Michigan

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

Detailed Southfield Groceries Costs Vs. Michigan

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

Detailed Southfield Health Costs Vs. Michigan

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

Detailed Southfield Transportation Costs Vs. Michigan

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

Detailed Southfield Utilities Costs Vs. Michigan

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

Southfield SnackAbility

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

Cost Of Living In Cities Around Southfield

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

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