Sterling Heights 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.
IndexSterling HeightsMichiganNational
Cost of living index9389100
IndexSterling HeightsMichiganNational
Goods & Services index9695100
Groceries index9092100
Health care index9996100
Housing index8673100
Transportation index9897100
Utilities index105100100
Here we can see a simple outline of the cost of living in Sterling Heights, MI. As you can see, with the average cost of living in Sterling Heights, MI being 93, that puts it 5% higher than the average of Michigan and 7% lower 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 Sterling Heights, 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 Sterling Heights is 5% higher than the Michigan average.
  • The cost of living in Sterling Heights is 7% lower than the national average.
  • The cost of housing in Sterling Heights is 14% lower 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.

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Compare Sterling Heights, 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
The salary calculator is used in order to provide a comparison of your current salary in Sterling Heights, MI to another city of your choice. The calculator will inform you of what your salary needs to be in any specific city in order for you to maintain your living standard based on what the city’s cost of living is. As an example, if you are seeking to move to a city that has a higher cost of living compared to Sterling Heights, MI, you would have to earn a higher income to maintain a standard of living that is similar. To get started with the Sterling Heights, MI salary calculator, input the new city’s name and then move the slider to indicate your current income. The salary calculator will now process the numbers and show you whether you need to earn more or less in the chosen city. A comprehensive breakdown of the cost of living will also be shown.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$67,971$5,664$1,586$2,039
Renters$35,300$2,942$824$1,059
If you want to find a good determining factor for the cost of living and the general affordability of housing in Sterling Heights, MI, all you must look at is the percentage of monthly income that should be spent on housing expenses, otherwise known as the debt-to-income ratio (DTI). Generally speaking, no more than 28 percent of your total gross income should be spent on your housing expenses and not more than 36 percent of your gross income on total expenses, including debts. In Sterling Heights, MI, the median monthly income is $67,971 for those who own their own homes. Under the standard rule, that income level would allow for $1,586 to be budgeted for housing expenses each month, at the most. Renters, on the other hand, earn about $35,300, per the median income in the area. That would allow for renters to spend up to $824 on monthly rental expenses.

Michigan Sales Tax

StateGeneral Sales TaxWith Max Surtax
Michigan6%6%

Michigan Income Tax

StateIncome Tax (Low)Income Tax (High)
Michigan4.25%4.25%
When considering the overall cost of living expenses in Sterling Heights, MI, it's important to take into account the sales tax for Michigan, as well as the rate for income tax in Michigan. Goods and services sold to consumers in any state have some form of sales tax. Each state has its own tax code, which means that sales tax rates vary from state to state, ranging from over 7% in some states to as low as 0% in others. The maximum surtax for Michigan is 6%, and the sales tax in the state of Michigan is 6%. Alternatively, the tax imposed on your income by the state government is known as income tax. The rate for this tax also varies from state to state, and your rate is affected by your tax bracket, which is determined by your level of income. Income tax rates might be as high as 9%, down to as low as 0%. The range for income tax rates in Michigan starts from 4.25% and goes up to 4.25%.

Goods & Services

ItemSterling HeightsNational 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

ItemSterling HeightsNational 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

ItemSterling HeightsNational 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

ItemSterling HeightsNational avg.Difference
Home Price $143,500.00$175,700.0018.3%
Avg. Mortgage Payment $927.72$1,081.0314.2%
Apartment Rent $888.00$920.003.5%

Transportation

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

Utilities

ItemSterling HeightsNational 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.
Highland Park, MI10,95178-22%
Hamtramck, MI22,25678-22%
Center Line, MI8,27980-20%
Pontiac, MI59,65881-19%
Hazel Park, MI16,53282-18%
Sterling Heights, MI130,60493-7%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
New Haven, CT130,55311919%
Frisco, TX130,49911919%
Olathe, KS129,913100-0%
Columbia, SC131,33199-1%
Bellevue, WA132,26815858%
Sterling Heights, MI130,60493-7%
Source: The Sterling Heights, MI cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.