Cost Of Living in Walled Lake, MI

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6%

Overall NAT. AVG.

5%

Groceries NAT. AVG.

11%

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	Walled Lake	Michigan	National
Cost of living	94	91	100
Groceries	95	98	100
Health care	94	97	100
Housing	89	76	100
Transportation	95	96	100
Utilities	97	100	100
Lifestyle & Entertainment	97	96	100
Household Items	99	98	100
Education & Childcare	95	95	100

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Homes For Sale In Walled Lake, MI

2191 Pleasant Dr

Commerce Township, MI

415 Leon Rd

Walled Lake, MI

Homes Available Soon N Pontiac TRL

Walled Lake, MI

260 Cherry Grove Ln

Commerce Township, MI

Cost Of Living Quick Facts

The cost of living in Walled Lake is 3% higher than the Michigan average
The cost of living in Walled Lake is 6% lower than the national average
Walled Lake housing is 11% lower 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

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Price difference in compared to

Cost of living index
Groceries index
Health care index
Housing index
Transportation index
Utilities index
Lifestyle index
Household index
Educare index

Median Income & Debt-To-Income Ratio

Median Income	Per Year	Per Month	Max Budget (28% DTI)	Max Budget (36% DTI)
Owners	$106,786	$8,899	$2,492	$3,204
Renters	$61,861	$5,155	$1,443	$1,856

A good way to judge both the affordability of the housing and the cost of living in Walled Lake is by simply calculating the maximum that should be spent on housing, otherwise known as the debt-to-income ratio (DTI). The plan is to avoid spending more than 28 percent of the gross income on costs that pertain to housing and no more than 36 percent on all expenses and debts. Walled Lake has a median income of about $106,786 for people who own homes. Based on that number, a maximum of $2,492 should be spent on expenses related to housing. Renters have a slightly different median income, which is $61,861. Based on this average, renters should spend no more than $1,443 on all rental costs if they want to maintain a non-impoverished standard of living.

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.
Pontiac, MI	61,764	84	16.2%
Garden City, MI	27,537	91	8.7%
Dearborn Heights, MI	57,763	92	8.0%
Oak Park, MI	30,129	94	5.9%
Southfield, MI	74,641	97	2.8%
Walled Lake, MI	7,432	94	6.0%

Cities with similar population

City	Population	Cost of Living Index	National Avg.
South Apopka, FL	7,430	102	1.7%
Williston Park, NY	7,430	163	62.7%
Fort Bragg, CA	7,427	132	32.4%
Palmyra, NJ	7,427	112	11.9%
Viola, NY	7,437	180	80.0%
Walled Lake, MI	7,432	94	6.0%