Cost of Living in Lathrup Village, MI

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8%
Overall NAT. AVG.
4%
Groceries NAT. AVG.
34%
Housing NAT. AVG.
Date & Last Updated: These cost of living estimates reflect 2026 modeled data using U.S. Census housing inputs and AI-assisted city-level pricing models.
The cost of living index is based on a national average of 100. For example, if the cost of living score is 90, then the estimated cost of living is 10% lower than the national average. If the score is 110, then the estimated cost of living is 10% higher than average. The overall index is calculated using weighted estimates across major everyday expense categories, including housing (30%), groceries (16%), transportation (12%), healthcare (10%), utilities (8%), lifestyle and entertainment (8%), household expenses (8%), and education and childcare (8%). All values are AI-assisted city-level estimates designed for directional comparisons.
Index Lathrup Village Michigan National
Cost of living10891100
Groceries9698100
Health care9797100
Housing13476100
Transportation9596100
Utilities100100100
Lifestyle & Entertainment9796100
Household Items10098100
Education & Childcare9495100
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Homes For Sale In Lathrup Village, MI

property for sale

27315 Lathrup Blvd

Lathrup Village, MI
property for sale

19150 Rainbow Dr

Lathrup Village, MI
property for sale

27881 Rackham Dr

Lathrup Village, MI
property for sale

27772 Santa Barbara Dr

Lathrup Village, MI

Cost Of Living Quick Facts

  • The cost of living in Lathrup Village is 19% higher than the Michigan average
  • The cost of living in Lathrup Village is 8% higher than the national average
  • Lathrup Village housing is 34% higher than the national average
  • Michigan general sales tax is 18% higher than the national average
  • Michigan state income tax is 64% higher than the national average

Most Affordable Places to Live in and Around Lathrup Village

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      Cost of living index
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      Transportation index
      Utilities index
      Lifestyle index
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      Educare index

      Median Income & Debt-To-Income Ratio

      Median Income Per Year Per Month Max Budget (28% DTI) Max Budget (36% DTI)
      Owners$143,490$11,958$3,348$4,305
      Renters$149,160$12,430$3,480$4,475
      The percentage of monthly income spent on housing related expenses can help predict the affordability of housing in Lathrup Village, MI, as well as what the overall cost of living might be. 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 payments and not more than 36 percent of income on all expenses and debts. In Lathrup Village, homeowners have a median income of $143,490. Using that number, a maximum of $3,348 per month should be allocated to housing expenses. For those who are renting instead of owning, the median income is $149,160, which means there is a maximum of $3,480 to be spent on the costs of renting a home or apartment.

      Michigan Sales Tax

      State General Sales Tax With Max Surtax
      Michigan 6% 6%

      Michigan Income Tax

      State Income Tax (Low) Income Tax (High)
      Michigan 4.25% 4.25%

      Nearby cities with low cost of living

      City Population Cost of Living Index National Avg.
      Highland Park, MI11,0568020.3%
      Detroit, MI692,0448217.6%
      Inkster, MI25,3338217.5%
      Hamtramck, MI22,1998416.2%
      Pontiac, MI61,7648416.2%
      Lathrup Village, MI4,2431087.9%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Rice Lake, MN4,2431076.7%
      Mulberry, FL4,2428910.6%
      Grafton, ND4,2418613.7%
      Reiffton, PA4,24111111.1%
      Niwot, CO4,24716160.6%
      Lathrup Village, MI4,2431087.9%
      Date & Last Updated: These cost of living estimates reflect 2026 modeled data using U.S. Census housing inputs and AI-assisted city-level pricing models.
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