Northville cost of living index

In the event that the cost of living data was unavailable for this city, estimates based upon nearby cities were used. Each cost of living index is based on a national average of 100. If the amount is below 100, it is lower than the national average. If the amount is above 100, it is higher than the national average.
IndexNorthvilleMichiganNational
Cost of living index10689100
IndexNorthvilleMichiganNational
Goods & Services index9695100
Groceries index9092100
Health care index9996100
Housing index12873100
Transportation index9897100
Utilities index105100100
Here we can see a simple outline of the cost of living in Northville, MI. As you can see, with the average cost of living in Northville, MI being 106, that puts it 19% higher than the average of Michigan and 6% higher than our nation's average. This simple outline of the cost of living index was formulated using prices of: goods and services (weighted 33%), housing prices (weighted 30%), groceries (weighted 13%), utilities (weighted 10%), transportation (weighted 9%), and health care (weighted 5%). Thus, goods/services, along with housing influences the majority of the cost of living index. The price of daily goods and services is a valuable and reliable number to be aware of when considering the general price of the city's goods. In the case of Northville, MI, the price of goods and services are 1% higher than the average of Michigan as well as 4% lower than the nation's average.

Did you know?

  • The cost of living in Northville is 19% higher than the Michigan average.
  • The cost of living in Northville is 6% higher than the national average.
  • The cost of housing in Northville is 28% higher than the national average.
  • Michigan general sales tax is 18% higher than the national average.
  • Michigan state income tax is 91% higher than the national average.

Find Real Estate Listings In Northville

Location
Price
Bedrooms
Bathrooms
 

New Real Estate Listings In Northville

Compare Northville, MI Cost of living To Other Cities

Salary Calculator

This is how much you would need to earn in
Price difference in compared to
Cost of living index
Goods & Services index
Groceries index
Health care index
Housing index
Transportation index
Utilities index
Use the salary calculator to compare your current income in Northville, MI to any other city in the country. The calculator will tell you how much income you would need to make in a particular city to live at the same level based on the cost of living in each city. For example, if the cost of living in the city you are looking to move to is higher than that of Northville, MI, then you would need to earn a higher salary in order to enjoy the same standard of living. To use the Northville, MI salary calculator, enter the name of the new city, then move the slider to your current salary level. The salary calculator will do the rest and let you know if your salary would need to increase or decrease for the new city. You will also see a complete overview of the cost of living.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$109,956$9,163$2,565$3,299
Renters$54,410$4,534$1,269$1,632
How much of your monthly income goes to housing can tell you whether or not you can afford housing in Northville, MI, as well as what the average cost of living is. Generally, a good rule to follow is that the debt-to-income (DTI) level you want to maintain is 28 percent or less of your income on your rent or mortgage payment and not more than 36 percent of income on all expenses and debts. In Northville, MI homeowners have a median income of $109,956. Using that number, you will come up with a maximum of $2,565 per month that can be spent on the cost of housing. For those who are renting instead of owning, the median income is $54,410, which means there is a maximum of $1,269 to be spent on the costs of renting a home or apartment.

Michigan Sales Tax

StateGeneral Sales TaxWith Max Surtax
Michigan6%6%

Michigan Income Tax

StateIncome Tax (Low)Income Tax (High)
Michigan4.25%4.25%
When assessing the complete cost of living in Northville, MI, the Michigan income tax and the Michigan sales tax percentages should unquestionably be taken into consideration. Sales taxes aren't just levies imposed onto sold goods, but they also include taxes that are charged when services are provided for a fee. The rates are different from state to state and can run has high as 7 percent. Some states have no sales tax at all. The Michigan maximum surtax is 6%, and the Michigan sales tax is 6%. By contrast, income tax is an unfortunate obligation that is charged by the government against earnings. Just like sales taxes, the rates for income taxes differ from state to state. They also decrease or increase according to the individual's tax bracket. Tax rates can run as high as 9 percent, with a minimum of zero. Income tax rates range from 4.25% to 4.25% in Michigan.

Goods & Services

ItemNorthvilleNational avg.Difference
Haircut $16.10$14.5910.3%
Beauty Salon $48.30$34.6839.3%
Toothpaste $1.94$2.4721.6%
Shampoo $0.89$1.0212.9%
Movie $9.93$9.870.6%
Bowling $3.41$4.3922.4%

Groceries

ItemNorthvilleNational avg.Difference
Ground Beef $4.26$4.484.8%
Fried Chicken $1.19$1.4618.7%
Milk $1.97$2.3616.4%
Potatoes $2.74$3.0610.5%
Pizza $9.00$9.242.6%
Beer $8.39$8.632.8%

Health Care

ItemNorthvilleNational avg.Difference
Optometrist $81.50$99.7818.3%
Doctor $106.00$105.030.9%
Dentist $89.30$88.700.7%
Ibuprofen $8.22$9.4112.7%
Lipitor $309.77$298.503.8%

Housing

ItemNorthvilleNational avg.Difference
Home Price $243,300.00$175,700.0038.5%
Avg. Mortgage Payment $927.72$1,081.0314.2%
Apartment Rent $963.00$920.004.7%

Transportation

ItemNorthvilleNational avg.Difference
Gasoline $1.95$2.096.9%
Tire Balancing $50.92$45.2912.4%

Utilities

ItemNorthvilleNational avg.Difference
All Electricity$178.99$170.804.8%
Phone $29.99$28.266.1%
Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

Nearby cities with low cost of living

City, StatePopulationCost of Living IndexNational Avg.
Inkster, MI25,05681-19%
Pontiac, MI59,65881-19%
Wayne, MI17,31482-18%
Romulus, MI23,72183-17%
Taylor, MI62,33184-16%
Northville, MI6,0011066%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Munford, TN6,00191-9%
Mulvane, KS6,00091-9%
Ramblewood, NJ5,99912828%
Pleasure Point, CA6,00417575%
Pigeon Forge, TN6,00491-9%
Northville, MI6,0011066%
Source: The Northville, MI cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.