Taylor, MI Cost Of Living

Demographics | Crime | Cost Of Living
Updated: 2021-02-06
87
Taylor's Overall Cost Of Living
0.9x
Lower Than The National Average
68 out of 173
In Michigan
1,128 out of 6,399
In America
The cost of living index is set to 100 for the average place in America. An index above 100 means Taylor is expensive, while a number below 100 means it's a relatively cheap place to live.

What is the cost of living in Taylor, MI?

According to the most recent data on the cost of living, Taylor has an overall cost of living index of 87 which is 0.9x lower than the national index of 100.

Compared to only Michigan, Taylor has a cost of living index that's 1.0x lower than Michigan's index of 89.

The standard of living in Taylor ranks as #1,128 most affordable out of the 6,522 places we measured in Michigan. By definition, that implies Taylor ranks as the #5,279 most expensive place in the Wolverine State.

For more reading on life in Taylor, check out:

Taylor Cost Of Living Vs. Michigan

Living Expense Taylor Michigan National Average
Overall 87 89 100
Services 104 95 100
Groceries 93 88 100
Health 93 94 100
Housing 55 74 100
Transportation 114 106 100
Utilities 94 99 100
For more reading on cost of living around Michigan, check out:
Taylor Cost of Living Vs. MI

Taylor, 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.

$96,300
Median Home Value
$880
Median Rent
$50,053
Median Income
Statistic Taylor Michigan United States
Median Home Value $96,300 $154,900 $217,500
Median Rent $880 $871 $1,062
Median Income $50,053 $57,144 $62,843
Home Value To Income 1.9x 2.7x 3.5x
Rent To Monthly Income 0.21x 0.18x 0.2x

Detailed Taylor Services Costs Vs. Michigan

Item Taylor Michigan
Shampoo $0.94 $1.01
Movie $11.09 $10.72
Bowling $19.6 $13.86

Detailed Taylor Groceries Costs Vs. Michigan

Item Taylor Michigan
Ground Beef $3.92 $3.9
Fried Chicken $1.12 $1.4
Milk $1.27 $1.96

Detailed Taylor Health Costs Vs. Michigan

Item Taylor Michigan
Haircut $17.38 $17.49
Beauty Salon $52.83 $38.17
Toothpaste $1.97 $2.32

Detailed Taylor Transportation Costs Vs. Michigan

Item Taylor Michigan
Potatoes $3.1 $3.18
Pizza $10.49 $10.39
Beer $8.15 $9.23
Optometrist $83.25 $106.34
Doctor $100.0 $115.25
Dentist $93.78 $98.38

Detailed Taylor Utilities Costs Vs. Michigan

Item Taylor Michigan
Gasoline $2.9 $2.59
Tire Balancing $59.77 $48.9
All Electricity $152.8 $167.6
Phone $175.97 $163.42

Taylor SnackAbility

5
/10
Overall SnackAbility
Jobs
6/10
Housing
6
Affordability
8
Diversity
8.5
Safety
4
Amenities
9
Education
5
Commute
8

Cost Of Living In Cities Around Taylor

City Population Cost Of Living Vs. Taylor
Dearborn, MI 94,701 93 1.1x
Livonia, MI 94,249 99 1.1x
Farmington Hills, MI 81,214 105 1.2x
Lincoln Park, MI 36,697 86 1.0x
Southgate, MI 29,165 89 1.0x
Allen Park, MI 27,216 91 1.0x
Wyandotte, MI 25,044 88 1.0x
Inkster, MI 24,520 83 1.0x
Romulus, MI 23,527 87 1.0x
Berkley, MI 15,372 99 1.1x

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