Birmingham, MI Cost Of Living
Cost Of Living In Birmingham, MI Summary
Cost of living in Birmingham 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 Birmingham 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 Birmingham is 134, with 100 being the average.
The cost of living index in Birmingham is 1.3x higher than the national average.
Birmingham ranks as the #175 cheapest in Michigan out of 175.
Birmingham ranks as the #5,400 cheapest out of 6,412 in the US.
The median home value in Birmingham is $580,200.
The median income in Birmingham is $137,907.
Table Of Contents
Birmingham's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Birmingham, MI?
According to the most recent data on the cost of living, Birmingham has an overall cost of living index of 134, which is 1.3x higher than the national index of 100.
Compared to Michigan, Birmingham has a cost of living index that's 1.5x higher than Michigan's index of 92.
The standard of living in Birmingham ranks as #175 most affordable out of the 175 places we measured in Michigan. By definition, that implies Birmingham ranks as the #0 most expensive place in the Wolverine State.
For more reading on life in Birmingham, check out:
- Living In Birmingham
- Birmingham Crime Report
- Search Homes For Sale In Birmingham, MI
In Michigan
In America
Birmingham Cost Of Living Vs. Michigan
Six factors go into calculating the cost of living index in Birmingham. Here is how it fairs on each of the criteria:
The Services index in Birmingham is 110.
The Groceries index in Birmingham is 99.
The Health index in Birmingham is 95.
The Housing index in Birmingham is 206.
The Transportation index in Birmingham is 105.
The Utilities index in Birmingham is 96.
| Living Expense | Birmingham | Michigan | National Average | |
|---|---|---|---|---|
| Overall | 134 | 92 | 100 | |
| Services | 110 | 96 | 100 | |
| Groceries | 99 | 96 | 100 | |
| Health | 95 | 94 | 100 | |
| Housing | 206 | 80 | 100 | |
| Transportation | 105 | 97 | 100 | |
| Utilities | 96 | 100 | 100 | |
Birmingham, MI Housing Cost Breakdown
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 Birmingham is $580,200.
The Median Rent in Birmingham is $1,747.
The Median Income in Birmingham is $137,907.
The Home Value To Income in Birmingham is 4.2x.
The Rent To Monthly Income in Birmingham is 0.15x.
| Statistic | Birmingham | Michigan | United States |
|---|---|---|---|
| Median Home Value | $580,200 | $172,100 | $244,900 |
| Median Rent | $1,747 | $946 | $1,163 |
| Median Income | $137,907 | $63,202 | $69,021 |
| Home Value To Income | 4.2x | 2.7x | 3.5x |
| Rent To Monthly Income | 0.15x | 0.18x | 0.2x |
Median Home Value
Median Rent
Median Income
Birmingham, MI Costs By Category
Detailed Birmingham Services Costs Vs. Michigan
| Item | Birmingham | 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 |
Detailed Birmingham Groceries Costs Vs. Michigan
| Item | Birmingham | 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 |
Detailed Birmingham Health Costs Vs. Michigan
| Item | Birmingham | Michigan |
|---|---|---|
| Optometrist | $81.52 | $108.57 |
| Doctor | $104.59 | $116.17 |
| Dentist | $99.57 | $99.13 |
Detailed Birmingham Transportation Costs Vs. Michigan
| Item | Birmingham | Michigan |
|---|---|---|
| Gasoline | $2.25 | $2.22 |
| Tire Balancing | $58.95 | $50.07 |
Detailed Birmingham Utilities Costs Vs. Michigan
| Item | Birmingham | Michigan |
|---|---|---|
| All Electricity | $159.51 | $167.67 |
| Phone | $178.81 | $175.64 |
Birmingham SnackAbility
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Cost Of Living In Cities Around Birmingham
The cost of living varies in the cities and towns around Birmingham. Here's a quick look at the cost of living in the most populous nearby places:
Troy, MI has a cost of living index of 113, 0.8x Birmingham.
Rochester Hills, MI has a cost of living index of 111, 0.8x Birmingham.
Novi, MI has a cost of living index of 113, 0.8x Birmingham.
| City | Population | Cost Of Living | Vs. Birmingham |
|---|---|---|---|
| Troy, MI | 86,912 | 113 | 0.8x |
| Rochester Hills, MI | 75,990 | 111 | 0.8x |
| Novi, MI | 65,369 | 113 | 0.8x |
| Royal Oak, MI | 58,368 | 101 | 0.8x |
| Berkley, MI | 15,234 | 102 | 0.8x |
| Clawson, MI | 11,482 | 99 | 0.7x |
| Beverly Hills, MI | 10,593 | 123 | 0.9x |
| Plymouth, MI | 9,308 | 109 | 0.8x |
| Huntington Woods, MI | 6,382 | 123 | 0.9x |
| Northville, MI | 6,106 | 115 | 0.9x |
