Cost of Living in Ann Arbor vs. Detroit. There is no denying it: the cost of living in Detroit is significantly lower than the cost of living in Ann Arbor. The later is 34.1 percent more expensive than its larger neighbor.
Is Ann Arbor an expensive city?
Ann Arbor, Michigan’s cost of living is 5% higher than the national average. The cost of living in any area can vary based on factors such as your career, its average salary and the real estate market of that area.
Is it expensive to live in Ann Arbor?
Ann Arbor ranks sixth most expensive out of the 11 tech cities, and its housing affordability ratio is higher than the county-wide, state and national average.
How much money do you need to live comfortably in Ann Arbor?
Summary about cost of living in Ann Arbor, MI, United States: Family of four estimated monthly costs are 3,413$ without rent. A single person estimated monthly costs are 957$ without rent.
What salary do you need to live in Detroit?
The Census Bureau reports that the average salary for Detroit residents is $32,498 or $16.20. The living wage is $16.41 in Detroit. However, to stick to the rule of spending only 30% on your monthly income on rent, you will need an income of $27,760 to live comfortably in a one bedroom apartment.
What is the wealthiest city in Michigan?
1. Bloomfield Hills – Gross Income: $170,000 | Median Home: $580,000. The small town of Bloomfield Hills, a northern suburb of Detroit, is the wealthiest city in the state of Michigan.
What is the poorest city in Michigan?
Flint was ranked the poorest city in Michigan in a 24/7 Wall St.
The Center Square.
| Poorest City | Pueblo |
|---|---|
| Median Household Income | $40,450 |
| Poverty Rate | 23.5% |
| Median Home Value | $141,000 |
| Population | 110,841 |
Where is the cheapest place to live in Michigan?
The 10 best & most affordable cities to live in Michigan are:
- Kalamazoo.
- Manistee.
- Battle Creek.
- Iron Mountain.
- Albion.
- Springfield.
- Jackson.
- Menominee.
Is Ann Arbor safe?
Ann Arbor named sixth safest city in Michigan according to 2019 crime data.
Should I move to Ann Arbor?
It’s a great place to raise a family
Livability even ranked Ann Arbor on their list of 5 Best Cities for Families in Michigan, and WalletHub ranked us highly in Best Places to Raise a Family in Michigan.
What is a decent salary in Michigan?
How much does an Average make in Michigan? As of Jul 31, 2022, the average annual pay for the Average jobs category in Michigan is $63,053 a year. Just in case you need a simple salary calculator, that works out to be approximately $30.31 an hour. This is the equivalent of $1,213/week or $5,254/month.
What is a good salary for a single person in Michigan?
Based on the U.S. median income of $59,039 in 2016, that means Michigan’s middle-class income for a single adult who lives alone is between $22,561 and $67,344, while the range is $45,120 to $134,689 for a household of four.
How much is a good salary in Michigan?
In Michigan, households must earn a minimum of $115,802 per year to be among the top one-fifth of the state’s income earners, according to a new 24/7 Wall St. analysis examining the threshold of “richness” in all 50 states.
What is middle class in Detroit?
Detroit Future City (DFC) defines a middle-class household as one having an income between 80% and 200% of the national median household income. This translates to household incomes between $46,100 and $115,300 per year.
Is the cost of living higher in Texas or Michigan?
Texas is 1.3% more expensive than Michigan.
Is Detroit safe?
Is Detroit safe? Real talk, crime rates in Detroit are above the national average in all categories. The city consistently ranks as one of the most dangerous cities in the U.S., but it doesn’t mean it’s unsafe to live here. After all, over half a million people proudly call Detroit home.
Who is the richest family in Michigan?
The richest man in Michigan is Quicken Loans founder Daniel Gilbert, who appears at No. 23 on the Forbes list with a fortune estimated at $30.9 billion.
What is the nicest area in Detroit?
5 Best Neighborhoods in Detroit to Live
- University District. University District is a neighborhood in Detroit, Michigan with a population of 4,212.
- Sherwood Forest. Sherwood Forest is another great neighborhood in Detroit, Michigan to reside in.
- Green Acres.
- Redford Charter Township.
- Downtown Detroit.
What is the most expensive area in Michigan?
Top ten most expensive cities in Michigan
| City | Average Price | |
|---|---|---|
| #1 | Birmingham | $1,099,968 |
| #2 | Bloomfield Hills | $1,070,063 |
| #3 | Harbor Springs | $636,628 |
| #4 | New Buffalo | $583,315 |
What is the most miserable city in Michigan?
Detroit was named the third-most miserable story by Business Insider, Flint was the ninth and Saginaw was the 33rd. Gary, Indiana, ranked as the number one most miserable city, with Port Arthur Texas coming in at number two. The least most miserable city in Michigan is Novi, which checked in at number 838.
What is the dirtiest city in Michigan?
Benton Township
This is actually the most dangerous place to live in the state. Crime rates are very high in this area, and they rank in at number three for violent crime rates. Benton County does have a lot of other positives, which is why they are number 11 on the list.