Cost of Living in Garden City, MI

Population 26,910 · Michigan · Data vintage 2023

62
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Garden City offers a notably favorable income-to-housing ratio for its region. The typical home — $162,000 — costs less than 2.5 times median household income of $64,396, a threshold many coastal markets passed a decade ago. Unemployment has stayed elevated relative to the national figure — 7.9% as of the most recent ACS release — which shows up in household-income and poverty figures as well.

Geographically, Garden City sits roughly 7 miles west of Dearborn. Median home values run roughly 21% lower than Dearborn's $206,000.

Cost Overview

Housing 53
Rent 75

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

About the Cost of Living in Garden City

The median home value in Garden City is $162,400 — 47% below the national median of $305,000. Median rent runs $991/month, 25% lower than the national median of $1,314/month. The median household income of $64,396/year is 14% lower than the US median of $74,580. The local unemployment rate is 7.9%, 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, Garden City has a cost of living index of 62 versus the US average of 100, meaning it is 38% less expensive.

🏠 Housing

Median Home Value
$162,400
47% below avg
Zillow Home Value
$196,424
Zillow ZHVI
Median Rent
$991/mo
25% below avg
Zillow Rent
$1,621/mo
Zillow ZORI
Price-to-Rent Ratio
13.7x
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 79.2%
Renter-occupied 20.8%

💰 Estimated Monthly Budget

Rent median rent
$991
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,605/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
27.5 min
2% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
7.8%

Commute Mode

Drove alone
81.8%
Carpooled
8.7%
Public transit
0.3%
Walked
0.3%
Bicycle
0.2%
Work from home
7.8%

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
$64,396
14% below avg
Per Capita Income
$32,640
Unemployment Rate
7.9%
65% above avg
Poverty Rate
11.3%
Labor Force Participation
64.8%

🎓 Education

Bachelor's degree+ 10.2%
Graduate degree 4.5%

👥 Demographics

Median Age 40.8
Male median age 39.2
Female median age 41.8

💨 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

74%
4-Year Graduation Rate
14.4:1
Student-teacher ratio
8
Public schools
3,595
Total enrollment

Frequently Asked Questions

What is the cost of living in Garden City, MI?

Garden City has a cost index of 62 (100 = national average). It is 38% below the national average.

What is average rent in Garden City, MI?

The median gross rent in Garden City is $991 per month based on 2023 Census data.

What is the average home price in Garden City?

The median home value in Garden City is $162,400 according to Zillow and Census data.

What is the median income in Garden City?

The median household income in Garden City is $64,396 per year (2023 ACS 5-year estimates).

What is the sales tax in Garden City, MI?

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

Is Garden City, MI affordable?

Yes, Garden City is generally considered affordable, with a cost of living index of 62 — about 38% below the US national average of 100.

Garden City at a Glance

Population
26,910
Median Income
$64,396
Home Value
$162,400
Median Rent
$991/mo
Unemployment
7.9%
Sales Tax
6.0%
View all cities in Michigan →
🗺️ County data for Michigan

Explore county-level cost of living data

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