Cost of living in Westland 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 Westland 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 Westland is 92, with 100 being the average.
The cost of living index in Westland is 0.9x lower than the national average.
Westland ranks as the #102 cheapest in Michigan out of 175.
Westland ranks as the #1,974 cheapest out of 6,412 in the US.
The median home value in Westland is $143,500.
The median income in Westland is $55,640.
According to the most recent data on the cost of living, Westland has an overall cost of living index of 92, which is 0.9x lower than the national index of 100.
Compared to Michigan, Westland has a cost of living index that's 1.0x lower than Michigan's index of 92.
The standard of living in Westland ranks as #102 most affordable out of the 175 places we measured in Michigan. By definition, that implies Westland ranks as the #73 most expensive place in the Wolverine State.
For more reading on life in Westland, check out:
Six factors go into calculating the cost of living index in Westland. Here is how it fairs on each of the criteria:
The Services index in Westland is 110.
The Groceries index in Westland is 100.
The Health index in Westland is 97.
The Housing index in Westland is 65.
The Transportation index in Westland is 106.
The Utilities index in Westland is 96.
Living Expense | Westland | Michigan | National Average | |
---|---|---|---|---|
Overall | 92 | 92 | 100 | |
Services | 110 | 96 | 100 | |
Groceries | 100 | 96 | 100 | |
Health | 97 | 94 | 100 | |
Housing | 65 | 80 | 100 | |
Transportation | 106 | 97 | 100 | |
Utilities | 96 | 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 Westland is $143,500.
The Median Rent in Westland is $970.
The Median Income in Westland is $55,640.
The Home Value To Income in Westland is 2.6x.
The Rent To Monthly Income in Westland is 0.21x.
Statistic | Westland | Michigan | United States |
---|---|---|---|
Median Home Value | $143,500 | $172,100 | $244,900 |
Median Rent | $970 | $946 | $1,163 |
Median Income | $55,640 | $63,202 | $69,021 |
Home Value To Income | 2.6x | 2.7x | 3.5x |
Rent To Monthly Income | 0.21x | 0.18x | 0.2x |
The cost of living varies in the cities and towns around Westland. Here's a quick look at the cost of living in the most populous nearby places:
Ann Arbor, MI has a cost of living index of 113, 1.2x Westland.
Dearborn, MI has a cost of living index of 96, 1.0x Westland.
Livonia, MI has a cost of living index of 102, 1.1x Westland.
City | Population | Cost Of Living | Vs. Westland |
---|---|---|---|
Ann Arbor, MI | 122,731 | 113 | 1.2x |
Dearborn, MI | 107,985 | 96 | 1.0x |
Livonia, MI | 95,294 | 102 | 1.1x |
Novi, MI | 65,369 | 113 | 1.2x |
Taylor, MI | 63,071 | 88 | 1.0x |
Dearborn Heights, MI | 62,334 | 91 | 1.0x |
Royal Oak, MI | 58,368 | 101 | 1.1x |
Inkster, MI | 25,849 | 83 | 0.9x |
Romulus, MI | 24,977 | 91 | 1.0x |
Birmingham, MI | 21,728 | 134 | 1.5x |