Cost of Living in Farmington Hills, MI
Population 83,316 · Michigan · Data vintage 2023
(100 = US avg)
Most of Farmington Hills's cost indicators track within a reasonable band of national figures, with median household incomes near $101,863 — a more representative starting point for relocation math than the headline-expensive or headline-cheap cities on either tail.
Farmington Hills sits roughly 15 miles northwest of Dearborn — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 62% higher than Dearborn's $206,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Farmington Hills
The median home value in Farmington Hills is $333,200 — 9% above the national median of $305,000. Median rent runs $1,475/month, 12% higher than the national median of $1,314/month. The median household income of $101,863/year is 37% higher than the US median of $74,580. The local unemployment rate is 5.0%, 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, Farmington Hills has a cost of living index of 110 versus the US average of 100, meaning it is 10% more expensive.
🏠 Housing
HUD Fair Market Rents by Bedroom
💰 Estimated Monthly Budget
Estimates based on median data and national averages. Actual costs vary.
🛒 Food & Groceries
National BLS average prices (2023). Local prices may vary.
🚗 Transportation
Commute Mode
⚡ Utilities
📋 Taxes
💼 Income & Employment
🎓 Education
👥 Demographics
💨 Air Quality
EPA AQS 2023 — county-level monitoring data
Frequently Asked Questions
What is the cost of living in Farmington Hills, MI?
Farmington Hills has a cost index of 110 (100 = national average). It is 10% above the national average.
What is average rent in Farmington Hills, MI?
The median gross rent in Farmington Hills is $1,475 per month based on 2023 Census data.
What is the average home price in Farmington Hills?
The median home value in Farmington Hills is $333,200 according to Zillow and Census data.
What is the median income in Farmington Hills?
The median household income in Farmington Hills is $101,863 per year (2023 ACS 5-year estimates).
What is the sales tax in Farmington Hills, MI?
The combined state and local sales tax rate in Farmington Hills is 6.0%. The Michigan state income tax top rate is 4.3%.
Is Farmington Hills, MI affordable?
Farmington Hills is near the national average in terms of cost of living, with an index of 110 (100 = US average).
Farmington Hills at a Glance
- Population
- 83,316
- Median Income
- $101,863
- Home Value
- $333,200
- Median Rent
- $1,475/mo
- Unemployment
- 5.0%
- Sales Tax
- 6.0%
Nearby Cities
Explore county-level cost of living data
Michigan Rankings
Similar Cost Cities
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