Cost of Living in Romeo, MI
Population 3,654 · Michigan · Data vintage 2023
(100 = US avg)
Under 25,000 residents gives Romeo a small-town character that shows up in every data point below — from the commute patterns to the rental inventory. A typical home runs $246,000. An unemployment rate of 1.9% points to a labor market well on the tight side of the national distribution.
Located 15 miles north of Sterling Heights, Romeo falls within that metro's commuting orbit. Housing prices track closely with Sterling Heights' $261,000 median.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Romeo
The median home value in Romeo is $245,700 — 19% below the national median of $305,000. Median rent runs $1,010/month, 23% lower than the national median of $1,314/month. The median household income of $73,500/year is 1% lower than the US median of $74,580. The local unemployment rate is 1.9%, 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%. Overall, Romeo has a cost of living index of 79 versus the US average of 100, meaning it is 21% less expensive.
Romeo 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 Romeo, MI?
Romeo has a cost index of 79 (100 = national average). It is 21% below the national average.
What is average rent in Romeo, MI?
The median gross rent in Romeo is $1,010 per month based on 2023 Census data.
What is the average home price in Romeo?
The median home value in Romeo is $245,700 according to Zillow and Census data.
What is the median income in Romeo?
The median household income in Romeo is $73,500 per year (2023 ACS 5-year estimates).
What is the sales tax in Romeo, MI?
The combined state and local sales tax rate in Romeo is 6.0%. The Michigan state income tax top rate is 4.3%.
Is Romeo, MI affordable?
Yes, Romeo is generally considered affordable, with a cost of living index of 79 — about 21% below the US national average of 100.
Romeo at a Glance
- Population
- 3,654
- Median Income
- $73,500
- Home Value
- $245,700
- Median Rent
- $1,010/mo
- Unemployment
- 1.9%
- Sales Tax
- 6.0%
Nearby Cities
Explore county-level cost of living data
Michigan Rankings
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