Wyandotte, MI Cost Of Living
Cost Of Living In Wyandotte, MI Summary
Cost of living in Wyandotte 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 Wyandotte 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:
The cost of living index in Wyandotte is 88, with 100 being the average.
The cost of living index in Wyandotte is 0.9x lower than the national average.
Wyandotte ranks as the #64 cheapest in Michigan out of 175.
Wyandotte ranks as the #1,278 cheapest out of 6,412 in the US.
The median home value in Wyandotte is $126,400.
The median income in Wyandotte is $58,869.
Table Of Contents
Wyandotte's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Wyandotte, MI?
According to the most recent data on the cost of living, Wyandotte has an overall cost of living index of 88, which is 0.9x lower than the national index of 100.
Compared to Michigan, Wyandotte has a cost of living index that's 1.0x lower than Michigan's index of 92.
The standard of living in Wyandotte ranks as #64 most affordable out of the 175 places we measured in Michigan. By definition, that implies Wyandotte ranks as the #111 most expensive place in the Wolverine State.
For more reading on life in Wyandotte, check out:
- Living In Wyandotte
- Wyandotte Crime Report
- Search Homes For Sale In Wyandotte, MI
In Michigan
In America
Wyandotte Cost Of Living Vs. Michigan
Six factors go into calculating the cost of living index in Wyandotte. Here is how it fairs on each of the criteria:
The Services index in Wyandotte is 110.
The Groceries index in Wyandotte is 99.
The Health index in Wyandotte is 96.
The Housing index in Wyandotte is 54.
The Transportation index in Wyandotte is 108.
The Utilities index in Wyandotte is 95.
| Living Expense | Wyandotte | Michigan | National Average | |
|---|---|---|---|---|
| Overall | 88 | 92 | 100 | |
| Services | 110 | 96 | 100 | |
| Groceries | 99 | 96 | 100 | |
| Health | 96 | 94 | 100 | |
| Housing | 54 | 80 | 100 | |
| Transportation | 108 | 97 | 100 | |
| Utilities | 95 | 100 | 100 | |
Wyandotte, MI Housing Cost Breakdown
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 2017-2021. The key points are:
The Median Home Value in Wyandotte is $126,400.
The Median Rent in Wyandotte is $829.
The Median Income in Wyandotte is $58,869.
The Home Value To Income in Wyandotte is 2.1x.
The Rent To Monthly Income in Wyandotte is 0.17x.
| Statistic | Wyandotte | Michigan | United States |
|---|---|---|---|
| Median Home Value | $126,400 | $172,100 | $244,900 |
| Median Rent | $829 | $946 | $1,163 |
| Median Income | $58,869 | $63,202 | $69,021 |
| Home Value To Income | 2.1x | 2.7x | 3.5x |
| Rent To Monthly Income | 0.17x | 0.18x | 0.2x |
Median Home Value
Median Rent
Median Income
Wyandotte, MI Costs By Category
Detailed Wyandotte Services Costs Vs. Michigan
Detailed Wyandotte Groceries Costs Vs. Michigan
Detailed Wyandotte Health Costs Vs. Michigan
Detailed Wyandotte Transportation Costs Vs. Michigan
Detailed Wyandotte Utilities Costs Vs. Michigan
Wyandotte SnackAbility
/10
Cost Of Living In Cities Around Wyandotte
The cost of living varies in the cities and towns around Wyandotte. Here's a quick look at the cost of living in the most populous nearby places:
Dearborn, MI has a cost of living index of 96, 1.1x Wyandotte.
Livonia, MI has a cost of living index of 102, 1.2x Wyandotte.
Taylor, MI has a cost of living index of 88, 1.0x Wyandotte.
| City | Population | Cost Of Living | Vs. Wyandotte |
|---|---|---|---|
| Dearborn, MI | 107,985 | 96 | 1.1x |
| Livonia, MI | 95,294 | 102 | 1.2x |
| Taylor, MI | 63,071 | 88 | 1.0x |
| Dearborn Heights, MI | 62,334 | 91 | 1.0x |
| Lincoln Park, MI | 39,741 | 89 | 1.0x |
| Southgate, MI | 29,990 | 92 | 1.0x |
| Allen Park, MI | 28,431 | 91 | 1.0x |
| Trenton, MI | 18,489 | 96 | 1.1x |
| Berkley, MI | 15,234 | 102 | 1.2x |
| Woodhaven, MI | 12,889 | 96 | 1.1x |
