Cost of Living in Beverly Hills, MI

Population 10,507 · Michigan · Data vintage 2023

163
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Beverly Hills 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. An unemployment rate of 1.9% points to a labor market well on the tight side of the national distribution.

Geographically, Beverly Hills sits roughly 11 miles west of Warren. Median home values run roughly 169% higher than Warren's $182,000.

Cost Overview

Housing 160
Rent 168

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

About the Cost of Living in Beverly Hills

The median home value in Beverly Hills is $488,800 — 60% above the national median of $305,000. Median rent runs $2,208/month, 68% higher than the national median of $1,314/month. The median household income of $175,460/year is 135% higher than the US median of $74,580. The local unemployment rate is 1.9%, 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, Beverly Hills has a cost of living index of 163 versus the US average of 100, meaning it is 63% more expensive.

🏠 Housing

Median Home Value
$488,800
60% above avg
Zillow Home Value
$570,131
Zillow ZHVI
Median Rent
$2,208/mo
68% above avg
Price-to-Rent Ratio
18.4x
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 94.1%
Renter-occupied 5.9%

💰 Estimated Monthly Budget

Rent median rent
$2,208
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $2,822/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
25.9 min
4% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
26.8%

Commute Mode

Drove alone
66.0%
Carpooled
5.5%
Walked
0.7%
Bicycle
0.2%
Work from home
26.8%

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
$175,460
135% above avg
Per Capita Income
$77,704
Unemployment Rate
1.9%
61% below avg
Poverty Rate
2.2%
Labor Force Participation
64.5%

🎓 Education

Bachelor's degree+ 38.0%
Graduate degree 37.9%

👥 Demographics

Median Age 45.5
Male median age 44.3
Female median age 46.8

💨 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

🏫 Schools

NCES CCD 2019 — public school district data

97%
4-Year Graduation Rate
15.2:1
Student-teacher ratio
13
Public schools
8,005
Total enrollment

Frequently Asked Questions

What is the cost of living in Beverly Hills, MI?

Beverly Hills has a cost index of 163 (100 = national average). It is 63% above the national average.

What is average rent in Beverly Hills, MI?

The median gross rent in Beverly Hills is $2,208 per month based on 2023 Census data.

What is the average home price in Beverly Hills?

The median home value in Beverly Hills is $488,800 according to Zillow and Census data.

What is the median income in Beverly Hills?

The median household income in Beverly Hills is $175,460 per year (2023 ACS 5-year estimates).

What is the sales tax in Beverly Hills, MI?

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

Is Beverly Hills, MI affordable?

Beverly Hills is above average in cost of living, with an index of 163 — about 63% higher than the national average.

Beverly Hills at a Glance

Population
10,507
Median Income
$175,460
Home Value
$488,800
Median Rent
$2,208/mo
Unemployment
1.9%
Sales Tax
6.0%
View all cities in Michigan →
🗺️ County data for Michigan

Explore county-level cost of living data

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