A-
Overall 20%
Goods & Services 4%
Housing 68%
Date & Last Updated: This data reflects 2019 and was released from C2ER in January, 2020; this is the most current data available.
The cost of living index is based on a national average of 100. For example, if the cost of living is 90, then it is 10% lower than average. If the cost of living is 110, then it is 10% higher than average. The breakdown for each index is as follows: goods & services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). If the cost of living data was unavailable for this city, estimates based upon nearby cities were used.
IndexHighland ParkMichiganNational
Cost of living8089100
Goods & Services10495100
Groceries9388100
Health care9394100
Housing3274100
Transportation114106100
Utilities9499100

Key findings

  • The cost of living in Highland Park is 10% lower than the Michigan average
  • The cost of living in Highland Park is 20% lower than the national average
  • Highland Park housing is 68% 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 Highland Park, MI Cost of Living

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      Salary Calculator

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      Price difference in compared to
      Cost of living index
      Goods & Services index
      Groceries index
      Health care index
      Housing index
      Transportation index
      Utilities index

      Median Income & Debt-To-Income Ratio

      Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
      Owners$34,402$2,867$803$1,032
      Renters$11,528$961$269$346
      The percent of monthly income spent on housing can be a good indicator of the affordability of housing in Highland Park, MI, as well as the overall cost of living. As a general rule of thumb, the debt-to-income ratio (DTI) for homeowners or renters should be not more than 28 percent of gross income to be spent on housing related costs and not more than 36 percent of income on all expenses, including debts. The median income for Highland Park homeowners, is $34,402. This would allow for a maximum of $803 per month to be spent on housing costs. For renters, the median monthly income is $11,528 which would result in a maximum of $269 to be spent on rental costs.

      Michigan Sales Tax

      StateGeneral Sales TaxWith Max Surtax
      Michigan6%6%

      Michigan Income Tax

      StateIncome Tax (Low)Income Tax (High)
      Michigan4.25%4.25%

      Goods & Services

      ItemHighland ParkNational avg.Difference
      Haircut $17.38$17.490.6%
      Beauty Salon $52.83$38.1738.4%
      Toothpaste $1.97$2.3215.1%
      Shampoo $0.94$1.017.1%
      Movie $11.09$10.723.4%
      Bowling $19.60$13.8641.4%

      Groceries

      ItemHighland ParkNational avg.Difference
      Ground Beef $3.92$3.900.5%
      Fried Chicken $1.12$1.4019.8%
      Milk $1.27$1.9635.3%
      Potatoes $3.10$3.182.6%
      Pizza $10.49$10.390.9%
      Beer $8.15$9.2311.7%

      Health Care

      ItemHighland ParkNational avg.Difference
      Optometrist $83.25$106.3421.7%
      Doctor $100.00$115.2513.2%
      Dentist $93.78$98.384.7%
      Ibuprofen $8.31$9.2610.3%
      Lipitor $488.12$466.474.6%

      Housing

      ItemHighland ParkNational avg.Difference
      Home Price $32,600.00$184,700.0082.3%
      Avg. Mortgage Payment $1,257.59$1,273.321.2%
      Apartment Rent $623.00$949.0034.4%

      Transportation

      ItemHighland ParkNational avg.Difference
      Gasoline $2.90$2.5911.9%
      Tire Balancing $59.77$48.9022.2%

      Utilities

      ItemHighland ParkNational avg.Difference
      All Electricity$152.80$167.608.8%
      Phone $175.97$163.427.7%
      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.
      River Rouge, MI7,60982-18%
      Ecorse, MI9,27082-18%
      Hamtramck, MI21,98582-18%
      Detroit, MI683,44383-17%
      Inkster, MI24,73883-17%
      Highland Park, MI10,97880-20%

      Cities with similar population

      City, StatePopulationCost of Living IndexNational Avg.
      Corning, NY10,97888-12%
      Browns Mills, NJ10,9831044%
      Canyon Lake, CA10,98513737%
      Trophy Club, TX10,98711717%
      Delhi, CA10,96898-2%
      Highland Park, MI10,97880-20%
      Source: The Highland Park, MI cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for 2019.