Cost of Living in Dearborn, MI

Population 107,846 · Michigan · Data vintage 2023

79
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Dearborn offers a notably favorable income-to-housing ratio for its region. The typical home — $206,000 — costs less than 3.2 times median household income of $65,192, a threshold many coastal markets passed a decade ago. Around 24% of residents live below the federal poverty line, a rate that tends to correlate with the income and housing figures above.

Cost Overview

Housing 68
Rent 96

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

About the Cost of Living in Dearborn

The median home value in Dearborn is $205,900 — 32% below the national median of $305,000. Median rent runs $1,264/month, 4% lower than the national median of $1,314/month. The median household income of $65,192/year is 13% lower than the US median of $74,580. The local unemployment rate is 6.8%, above 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, Dearborn has a cost of living index of 79 versus the US average of 100, meaning it is 21% less expensive.

🏠 Housing

Median Home Value
$205,900
32% below avg
Zillow Home Value
$239,536
Zillow ZHVI
Median Rent
$1,264/mo
4% below avg
Zillow Rent
$1,758/mo
Zillow ZORI
Price-to-Rent Ratio
13.6x
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 68.2%
Renter-occupied 31.8%

💰 Estimated Monthly Budget

Rent median rent
$1,264
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,878/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
22.9 min
15% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
11.6%

Commute Mode

Drove alone
76.0%
Carpooled
9.2%
Public transit
0.9%
Walked
1.2%
Bicycle
0.3%
Work from home
11.6%

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
$65,192
13% below avg
Per Capita Income
$29,900
Unemployment Rate
6.8%
42% above avg
Poverty Rate
24.3%
Labor Force Participation
56.4%

🎓 Education

Bachelor's degree+ 20.1%
Graduate degree 14.2%

👥 Demographics

Median Age 32.6
Male median age 31.1
Female median age 34.2

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 61 — Moderate
19.2%
Good air days/yr
226
Max AQI recorded
329
PM2.5 days
33
Ozone days

🏫 Schools

NCES CCD 2019 — public school district data

95%
4-Year Graduation Rate
15.5:1
Student-teacher ratio
35
Public schools
20,614
Total enrollment

Frequently Asked Questions

What is the cost of living in Dearborn, MI?

Dearborn has a cost index of 79 (100 = national average). It is 21% below the national average.

What is average rent in Dearborn, MI?

The median gross rent in Dearborn is $1,264 per month based on 2023 Census data.

What is the average home price in Dearborn?

The median home value in Dearborn is $205,900 according to Zillow and Census data.

What is the median income in Dearborn?

The median household income in Dearborn is $65,192 per year (2023 ACS 5-year estimates).

What is the sales tax in Dearborn, MI?

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

Is Dearborn, MI affordable?

Yes, Dearborn is generally considered affordable, with a cost of living index of 79 — about 21% below the US national average of 100.