Cost of Living in Dearborn, MI

Cost indexes, living wages, and fair market rents — 2024 Data

Cost of Living Overview

Overall Index

111.0

100 = national avg

+11.0 vs national average

Living Wage (1 Adult)

$48,858

per year

Living Wage (Family of 4)

$115,483

per year

Cost Index by Category

Housing
134.0
Food
99.8
Transportation
90.4
Healthcare
99.9
Utilities
106.7

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$1,122

per month

2 Bedroom

$1,411

per month

The overall cost of living index in Dearborn is 111.0, which is 11.0% above the national average. Housing costs are above the national average at an index of 134.0. A single adult needs to earn approximately $48,858 per year to cover basic expenses.