Cost of Living in Farmington Hills, MI
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
146.9
100 = national avg
+46.9 vs national average
Living Wage (1 Adult)
$64,636
per year
Living Wage (Family of 4)
$152,776
per year
Cost Index by Category
Housing176.2
Food127.9
Transportation115.3
Healthcare122.3
Utilities131.9
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,122
per month
2 Bedroom
$1,411
per month
The overall cost of living index in Farmington Hills is 146.9, which is 46.9% above the national average. Housing costs are above the national average at an index of 176.2. A single adult needs to earn approximately $64,636 per year to cover basic expenses.