Cost of living in Allen Park research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Allen Park is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in Michigan, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:
The cost of living index in Allen Park is 91, with 100 being the average.
The cost of living index in Allen Park is 0.9x lower than the national average.
Allen Park ranks as the #94 cheapest in Michigan out of 175.
Allen Park ranks as the #1,804 cheapest out of 6,412 in the US.
The median home value in Allen Park is $142,300.
The median income in Allen Park is $69,455.
According to the most recent data on the cost of living, Allen Park has an overall cost of living index of 91, which is 0.9x lower than the national index of 100.
Compared to Michigan, Allen Park has a cost of living index that's 1.0x lower than Michigan's index of 92.
The standard of living in Allen Park ranks as #94 most affordable out of the 175 places we measured in Michigan. By definition, that implies Allen Park ranks as the #81 most expensive place in the Wolverine State.
For more reading on life in Allen Park, check out:
Six factors go into calculating the cost of living index in Allen Park. Here is how it fairs on each of the criteria:
The Services index in Allen Park is 110.
The Groceries index in Allen Park is 98.
The Health index in Allen Park is 97.
The Housing index in Allen Park is 68.
The Transportation index in Allen Park is 109.
The Utilities index in Allen Park is 97.
Living Expense | Allen Park | Michigan | National Average | |
---|---|---|---|---|
Overall | 91 | 92 | 100 | |
Services | 110 | 96 | 100 | |
Groceries | 98 | 96 | 100 | |
Health | 97 | 94 | 100 | |
Housing | 68 | 80 | 100 | |
Transportation | 109 | 97 | 100 | |
Utilities | 97 | 100 | 100 |
Housing swings affordability the most between places in Michigan, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2017-2021. The key points are:
The Median Home Value in Allen Park is $142,300.
The Median Rent in Allen Park is $1,063.
The Median Income in Allen Park is $69,455.
The Home Value To Income in Allen Park is 2.0x.
The Rent To Monthly Income in Allen Park is 0.18x.
Statistic | Allen Park | Michigan | United States |
---|---|---|---|
Median Home Value | $142,300 | $172,100 | $244,900 |
Median Rent | $1,063 | $946 | $1,163 |
Median Income | $69,455 | $63,202 | $69,021 |
Home Value To Income | 2.0x | 2.7x | 3.5x |
Rent To Monthly Income | 0.18x | 0.18x | 0.2x |
Item | Allen Park | Michigan |
---|---|---|
Shampoo | $0.94 | $1.06 |
Movie | $11.26 | $10.68 |
Bowling | $19.8 | $14.67 |
Haircut | $18.95 | $18.62 |
Beauty Salon | $54.27 | $39.05 |
Item | Allen Park | Michigan |
---|---|---|
Ground Beef | $4.55 | $4.22 |
Fried Chicken | $1.13 | $1.39 |
Milk | $1.44 | $2.05 |
Potatoes | $4.18 | $3.29 |
Pizza | $10.82 | $10.62 |
Beer | $8.42 | $9.38 |
Toothpaste | $2.43 | $2.34 |
Item | Allen Park | Michigan |
---|---|---|
Optometrist | $81.52 | $108.57 |
Doctor | $104.59 | $116.17 |
Dentist | $99.57 | $99.13 |
Item | Allen Park | Michigan |
---|---|---|
Gasoline | $2.25 | $2.22 |
Tire Balancing | $58.95 | $50.07 |
Item | Allen Park | Michigan |
---|---|---|
All Electricity | $159.51 | $167.67 |
Phone | $178.81 | $175.64 |
The cost of living varies in the cities and towns around Allen Park. Here's a quick look at the cost of living in the most populous nearby places:
Dearborn, MI has a cost of living index of 96, 1.1x Allen Park.
Livonia, MI has a cost of living index of 102, 1.1x Allen Park.
Taylor, MI has a cost of living index of 88, 1.0x Allen Park.
City | Population | Cost Of Living | Vs. Allen Park |
---|---|---|---|
Dearborn, MI | 107,985 | 96 | 1.1x |
Livonia, MI | 95,294 | 102 | 1.1x |
Taylor, MI | 63,071 | 88 | 1.0x |
Royal Oak, MI | 58,368 | 101 | 1.1x |
Lincoln Park, MI | 39,741 | 89 | 1.0x |
Southgate, MI | 29,990 | 92 | 1.0x |
Inkster, MI | 25,849 | 83 | 0.9x |
Wyandotte, MI | 24,992 | 88 | 1.0x |
Birmingham, MI | 21,728 | 134 | 1.5x |
Berkley, MI | 15,234 | 102 | 1.1x |