Cost of Living in Grosse Pointe Woods, MI
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
168.7
100 = national avg
+68.7 vs national average
Living Wage (1 Adult)
$74,210
per year
Living Wage (Family of 4)
$175,406
per year
Cost Index by Category
Housing195.9
Food148.9
Transportation128.6
Healthcare139.1
Utilities148.5
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 Woods is 168.7, which is 68.7% above the national average. Housing costs are above the national average at an index of 195.9. A single adult needs to earn approximately $74,210 per year to cover basic expenses.