Cost of Living in Grosse Pointe Park, MI

Population 11,394 · Michigan · Data vintage 2023

132
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Under 25,000 residents gives Grosse Pointe Park a small-town character that shows up in every data point below — from the commute patterns to the rental inventory. A typical home runs $461,000. An unemployment rate of 2.8% points to a labor market well on the tight side of the national distribution.

Geographically, Grosse Pointe Park sits roughly 9 miles east of Detroit. Median home values run roughly 500% higher than Detroit's $77,000.

Cost Overview

Housing 151
Rent 104

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

About the Cost of Living in Grosse Pointe Park

The median home value in Grosse Pointe Park is $460,500 — 51% above the national median of $305,000. Median rent runs $1,365/month, 4% higher than the national median of $1,314/month. The median household income of $121,796/year is 63% higher than the US median of $74,580. The local unemployment rate is 2.8%, 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%. The climate averages highs of 58.7°F and lows of 42.3°F. Overall, Grosse Pointe Park has a cost of living index of 132 versus the US average of 100, meaning it is 32% more expensive.

🏠 Housing

Median Home Value
$460,500
51% above avg
Zillow Home Value
$493,453
Zillow ZHVI
Median Rent
$1,365/mo
4% above avg
Price-to-Rent Ratio
28.1x
Favors renting
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 74.0%
Renter-occupied 26.0%

💰 Estimated Monthly Budget

Rent median rent
$1,365
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,979/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
27.4 min
1% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
24.3%

Commute Mode

Drove alone
69.0%
Carpooled
4.4%
Public transit
0.6%
Walked
1.4%
Bicycle
0.3%
Work from home
24.3%

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
$121,796
63% above avg
Per Capita Income
$73,874
Unemployment Rate
2.8%
42% below avg
Poverty Rate
5.3%
Labor Force Participation
72.5%

🎓 Education

Bachelor's degree+ 37.5%
Graduate degree 33.9%

👥 Demographics

Median Age 40.5
Male median age 42.8
Female median age 39.1

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
58.7°F
Avg Low
42.3°F
Annual Precip
29.9"
10° 30° 50° 70° 90° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 323545587079848174614837
Low °F 202128395060656456453426
Precip" 1.451.412.022.823.493.103.223.103.092.302.161.73

💨 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

Frequently Asked Questions

What is the cost of living in Grosse Pointe Park, MI?

Grosse Pointe Park has a cost index of 132 (100 = national average). It is 32% above the national average.

What is average rent in Grosse Pointe Park, MI?

The median gross rent in Grosse Pointe Park is $1,365 per month based on 2023 Census data.

What is the average home price in Grosse Pointe Park?

The median home value in Grosse Pointe Park is $460,500 according to Zillow and Census data.

What is the median income in Grosse Pointe Park?

The median household income in Grosse Pointe Park is $121,796 per year (2023 ACS 5-year estimates).

What is the sales tax in Grosse Pointe Park, MI?

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

Is Grosse Pointe Park, MI affordable?

Grosse Pointe Park is above average in cost of living, with an index of 132 — about 32% higher than the national average.

What is the weather like in Grosse Pointe Park?

Grosse Pointe Park has average high temperatures of 58.7°F and average lows of 42.3°F. Annual precipitation is 29.9". Data from NOAA 1991–2020 Climate Normals.

Grosse Pointe Park at a Glance

Population
11,394
Median Income
$121,796
Home Value
$460,500
Median Rent
$1,365/mo
Unemployment
2.8%
Avg High Temp
58.7°F
Sales Tax
6.0%
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