COLD

Cost of Living in Berkley, MI

Population 15,084 · Michigan · Data vintage 2023

101
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Berkley sits on the smaller end of the Michigan city distribution. That scale shapes the housing market, the labor pool, and the services available to residents in ways the data below makes visible.

Located 8 miles west of Warren, Berkley falls within that metro's commuting orbit. Median home values run roughly 59% higher than Warren's $182,000.

Cost Overview

Housing 95
Rent 109

Scale: 100 = US national average. Green < 90, Red > 110.

About the Cost of Living in Berkley

The median home value in Berkley is $289,200 — 5% below the national median of $305,000. Median rent runs $1,436/month, 9% higher than the national median of $1,314/month. The median household income of $113,103/year is 52% higher than the US median of $74,580. The local unemployment rate is 3.0%, below the national average of 4.8%. Michigan's top state income tax rate is 4.3% and the combined sales tax is 6.0%. Overall, Berkley has a cost of living index of 101 versus the US average of 100, meaning it is 1% more expensive.

🏠 Housing

Median Home Value
$289,200
5% below avg
Zillow Home Value
$306,953
Zillow ZHVI
Median Rent
$1,436/mo
9% above avg
Zillow Rent
$1,941/mo
Zillow ZORI
Price-to-Rent Ratio
16.8x
Favors buying
Property Tax Rate
1.5%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$707
1 BR
$780
2 BR
$962
3 BR
$1,290
4 BR
$1,444
Owner-occupied 85.7%
Renter-occupied 14.3%

💰 Estimated Monthly Budget

Rent median rent
$1,436
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $2,050/mo

Estimates based on median data and national averages. Actual costs vary.

🛒 Food & Groceries

National BLS average prices (2023). Local prices may vary.

🥚
Eggs (dozen)
$0.548
🍞
White Bread (lb)
$1.912
🥩
Ground Beef (lb)
$5.61

🚗 Transportation

Avg Commute
24.3 min
10% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
20.3%

Commute Mode

Drove alone
72.0%
Carpooled
4.4%
Public transit
0.1%
Walked
1.3%
Bicycle
0.7%
Work from home
20.3%

⚡ Utilities

Electricity
$0.176/kWh
0% below avg

📋 Taxes

State Income Tax (flat) 4.3%
Total Sales Tax 6.0%
State rate 6.0%
Avg local rate 0.0%
Property Tax 1.5%

💼 Income & Employment

Median Household Income
$113,103
52% above avg
Per Capita Income
$59,854
Unemployment Rate
3.0%
37% below avg
Poverty Rate
4.7%
Labor Force Participation
76.2%

🎓 Education

Bachelor's degree+ 35.6%
Graduate degree 22.5%

👥 Demographics

Median Age 37.7
Male median age 36.7
Female median age 38.5

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 41 — Good
73.9%
Good air days/yr
169
Max AQI recorded
53
PM2.5 days
208
Ozone days

Frequently Asked Questions

What is the cost of living in Berkley, MI?

Berkley has a cost index of 101 (100 = national average). It is 1% above the national average.

What is average rent in Berkley, MI?

The median gross rent in Berkley is $1,436 per month based on 2023 Census data.

What is the average home price in Berkley?

The median home value in Berkley is $289,200 according to Zillow and Census data.

What is the median income in Berkley?

The median household income in Berkley is $113,103 per year (2023 ACS 5-year estimates).

What is the sales tax in Berkley, MI?

The combined state and local sales tax rate in Berkley is 6.0%. The Michigan state income tax top rate is 4.3%.

Is Berkley, MI affordable?

Berkley is near the national average in terms of cost of living, with an index of 101 (100 = US average).

Berkley at a Glance

Population
15,084
Median Income
$113,103
Home Value
$289,200
Median Rent
$1,436/mo
Unemployment
3.0%
Sales Tax
6.0%
View all cities in Michigan →

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