Cost of Living in Grosse Pointe Farms, MI
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
202.9
100 = national avg
+102.9 vs national average
Living Wage (1 Adult)
$89,287
per year
Living Wage (Family of 4)
$211,041
per year
Cost Index by Category
Housing203.2
Food172.7
Transportation245.5
Healthcare158.2
Utilities164.3
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 Grosse Pointe Farms is 202.9, which is 102.9% above the national average. Housing costs are above the national average at an index of 203.2. A single adult needs to earn approximately $89,287 per year to cover basic expenses.