Cost of Living in New Haven, MI

Population 6,341 · Michigan · Data vintage 2023

80
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Buyers in New Haven can reasonably expect a home to cost less than three years of household income — $208,000 against $68,203 in typical earnings — a ratio that has collapsed to 5:1 or worse in much of the country. At 7.8%, the local unemployment rate runs well above the US figure, pointing to structural rather than cyclical labor-market issues.

New Haven sits roughly 15 miles northeast of Sterling Heights — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 20% lower than Sterling Heights' $261,000.

Cost Overview

Housing 68
Rent 99

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

About the Cost of Living in New Haven

The median home value in New Haven is $207,600 — 32% below the national median of $305,000. Median rent runs $1,301/month, 1% lower than the national median of $1,314/month. The median household income of $68,203/year is 9% lower than the US median of $74,580. The local unemployment rate is 7.8%, 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, New Haven has a cost of living index of 80 versus the US average of 100, meaning it is 20% less expensive.

🏠 Housing

Median Home Value
$207,600
32% below avg
Zillow Home Value
$303,573
Zillow ZHVI
Median Rent
$1,301/mo
1% below avg
Price-to-Rent Ratio
13.3x
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 81.0%
Renter-occupied 19.0%

💰 Estimated Monthly Budget

Rent median rent
$1,301
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,915/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
33.8 min
25% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
8.4%

Commute Mode

Drove alone
80.2%
Carpooled
10.5%
Public transit
0.8%
Work from home
8.4%

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
$68,203
9% below avg
Per Capita Income
$27,154
Unemployment Rate
7.8%
63% above avg
Poverty Rate
17.7%
Labor Force Participation
66.3%

🎓 Education

Bachelor's degree+ 16.8%
Graduate degree 3.7%

👥 Demographics

Median Age 31.1
Male median age 30.8
Female median age 31.5

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 51 — Moderate
50%
Good air days/yr
195
Max AQI recorded
244
PM2.5 days
120
Ozone days

🏫 Schools

NCES CCD 2019 — public school district data

82%
4-Year Graduation Rate
17.9:1
Student-teacher ratio
4
Public schools
1,304
Total enrollment

Frequently Asked Questions

What is the cost of living in New Haven, MI?

New Haven has a cost index of 80 (100 = national average). It is 20% below the national average.

What is average rent in New Haven, MI?

The median gross rent in New Haven is $1,301 per month based on 2023 Census data.

What is the average home price in New Haven?

The median home value in New Haven is $207,600 according to Zillow and Census data.

What is the median income in New Haven?

The median household income in New Haven is $68,203 per year (2023 ACS 5-year estimates).

What is the sales tax in New Haven, MI?

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

Is New Haven, MI affordable?

Yes, New Haven is generally considered affordable, with a cost of living index of 80 — about 20% below the US national average of 100.

New Haven at a Glance

Population
6,341
Median Income
$68,203
Home Value
$207,600
Median Rent
$1,301/mo
Unemployment
7.8%
Sales Tax
6.0%
View all cities in Michigan →
🗺️ County data for Michigan

Explore county-level cost of living data

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