Harper Woods, MI Cost Of Living
Cost Of Living In Harper Woods, MI Summary
Cost of living in Harper Woods 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 Harper Woods 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 Harper Woods is 91, with 100 being the average.
The cost of living index in Harper Woods is 0.9x lower than the national average.
Harper Woods ranks as the #94 cheapest in Michigan out of 175.
Harper Woods ranks as the #1,804 cheapest out of 6,412 in the US.
The median home value in Harper Woods is $111,200.
The median income in Harper Woods is $53,555.
Table Of Contents
Harper Woods's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Harper Woods, MI?
According to the most recent data on the cost of living, Harper Woods has an overall cost of living index of 91, which is 0.9x lower than the national index of 100.
Compared to Michigan, Harper Woods has a cost of living index that's 1.0x lower than Michigan's index of 92.
The standard of living in Harper Woods ranks as #94 most affordable out of the 175 places we measured in Michigan. By definition, that implies Harper Woods ranks as the #81 most expensive place in the Wolverine State.
For more reading on life in Harper Woods, check out:
- Living In Harper Woods
- Harper Woods Crime Report
- Search Homes For Sale In Harper Woods, MI
In Michigan
In America
Harper Woods Cost Of Living Vs. Michigan
Six factors go into calculating the cost of living index in Harper Woods. Here is how it fairs on each of the criteria:
The Services index in Harper Woods is 110.
The Groceries index in Harper Woods is 102.
The Health index in Harper Woods is 96.
The Housing index in Harper Woods is 59.
The Transportation index in Harper Woods is 107.
The Utilities index in Harper Woods is 95.
| Living Expense | Harper Woods | Michigan | National Average | |
|---|---|---|---|---|
| Overall | 91 | 92 | 100 | |
| Services | 110 | 96 | 100 | |
| Groceries | 102 | 96 | 100 | |
| Health | 96 | 94 | 100 | |
| Housing | 59 | 80 | 100 | |
| Transportation | 107 | 97 | 100 | |
| Utilities | 95 | 100 | 100 | |
Harper Woods, 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 Harper Woods is $111,200.
The Median Rent in Harper Woods is $1,170.
The Median Income in Harper Woods is $53,555.
The Home Value To Income in Harper Woods is 2.1x.
The Rent To Monthly Income in Harper Woods is 0.26x.
| Statistic | Harper Woods | Michigan | United States |
|---|---|---|---|
| Median Home Value | $111,200 | $172,100 | $244,900 |
| Median Rent | $1,170 | $946 | $1,163 |
| Median Income | $53,555 | $63,202 | $69,021 |
| Home Value To Income | 2.1x | 2.7x | 3.5x |
| Rent To Monthly Income | 0.26x | 0.18x | 0.2x |
Median Home Value
Median Rent
Median Income
Harper Woods, MI Costs By Category
Detailed Harper Woods Services Costs Vs. Michigan
| Item | Harper Woods | 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 Harper Woods Groceries Costs Vs. Michigan
| Item | Harper Woods | 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 Harper Woods Health Costs Vs. Michigan
| Item | Harper Woods | Michigan |
|---|---|---|
| Optometrist | $81.52 | $108.57 |
| Doctor | $104.59 | $116.17 |
| Dentist | $99.57 | $99.13 |
Detailed Harper Woods Transportation Costs Vs. Michigan
| Item | Harper Woods | Michigan |
|---|---|---|
| Gasoline | $2.25 | $2.22 |
| Tire Balancing | $58.95 | $50.07 |
Detailed Harper Woods Utilities Costs Vs. Michigan
| Item | Harper Woods | Michigan |
|---|---|---|
| All Electricity | $159.51 | $167.67 |
| Phone | $178.81 | $175.64 |
Harper Woods SnackAbility
/10
Cost Of Living In Cities Around Harper Woods
The cost of living varies in the cities and towns around Harper Woods. Here's a quick look at the cost of living in the most populous nearby places:
Warren, MI has a cost of living index of 90, 1.0x Harper Woods.
Troy, MI has a cost of living index of 113, 1.2x Harper Woods.
Rochester Hills, MI has a cost of living index of 111, 1.2x Harper Woods.
| City | Population | Cost Of Living | Vs. Harper Woods |
|---|---|---|---|
| Warren, MI | 138,996 | 90 | 1.0x |
| Troy, MI | 86,912 | 113 | 1.2x |
| Rochester Hills, MI | 75,990 | 111 | 1.2x |
| St. Clair Shores, MI | 59,046 | 94 | 1.0x |
| Royal Oak, MI | 58,368 | 101 | 1.1x |
| Roseville, MI | 47,692 | 90 | 1.0x |
| Eastpointe, MI | 34,148 | 90 | 1.0x |
| Birmingham, MI | 21,728 | 134 | 1.5x |
| Grosse Pointe Woods, MI | 16,353 | 107 | 1.2x |
| Berkley, MI | 15,234 | 102 | 1.1x |
