Cost of Living in Oxford, MI
Population 3,478 · Michigan · Data vintage 2023
(100 = US avg)
Oxford sits on the smaller end of the Michigan city distribution. That scale shapes the housing market, the labor pool, and the services available to residents in ways the data below makes visible. Unemployment has stayed elevated relative to the national figure — 10.2% as of the most recent ACS release — which shows up in household-income and poverty figures as well.
Oxford sits roughly 20 miles northwest of Sterling Heights — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 35% higher than Sterling Heights' $261,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Oxford
The median home value in Oxford is $351,300 — 15% above the national median of $305,000. Median rent runs $901/month, 31% lower than the national median of $1,314/month. The median household income of $88,214/year is 18% higher than the US median of $74,580. The local unemployment rate is 10.2%, 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, Oxford has a cost of living index of 97 versus the US average of 100, meaning it is 3% less expensive.
Oxford has limited residential data
Detailed housing and income data is limited for this location. Here are the nearest cities with full cost of living data:
🏠 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
🏫 Schools
NCES CCD 2019 — public school district data
Frequently Asked Questions
What is the cost of living in Oxford, MI?
Oxford has a cost index of 97 (100 = national average). It is 3% below the national average.
What is average rent in Oxford, MI?
The median gross rent in Oxford is $901 per month based on 2023 Census data.
What is the average home price in Oxford?
The median home value in Oxford is $351,300 according to Zillow and Census data.
What is the median income in Oxford?
The median household income in Oxford is $88,214 per year (2023 ACS 5-year estimates).
What is the sales tax in Oxford, MI?
The combined state and local sales tax rate in Oxford is 6.0%. The Michigan state income tax top rate is 4.3%.
Is Oxford, MI affordable?
Oxford is near the national average in terms of cost of living, with an index of 97 (100 = US average).
Oxford at a Glance
- Population
- 3,478
- Median Income
- $88,214
- Home Value
- $351,300
- Median Rent
- $901/mo
- Unemployment
- 10.2%
- Sales Tax
- 6.0%
Nearby Cities
Explore county-level cost of living data
Michigan Rankings
Similar Cost Cities
Cities in other states with comparable housing costs