Cost of Living in Pleasant Ridge, MI
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
209.4
100 = national avg
+109.4 vs national average
Living Wage (1 Adult)
$92,137
per year
Living Wage (Family of 4)
$217,778
per year
Cost Index by Category
Housing219.8
Food173.1
Transportation246.2
Healthcare158.5
Utilities167.8
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 Pleasant Ridge is 209.4, which is 109.4% above the national average. Housing costs are above the national average at an index of 219.8. A single adult needs to earn approximately $92,137 per year to cover basic expenses.