Housing costs in Rochester Hills?
A typical home costs
$405,800, which is 20.0% more expensive than the national average of
$338,100 and 85.6% more expensive than the average Michigan home, at
$218,700. Renting a two-bedroom unit in Rochester Hills costs
$1,540 per month, which is 7.7% more than the national average of
$1,430 and 28.6% more than the state average of
$1,100.
Can I afford Rochester Hills?
To live comfortably in Rochester Hills, Michigan, a minimum annual income of
$77,760 for a family, and
$48,400 for a single person is recommended.
What does A.I. say about Rochester Hills?
Rochester Hills, Michigan has a cost of living index rating slightly higher than that if the nation at 104 due largely to its relatively high housing costs making up 44%, transportation at 11%, groceries (11%), utilities (7%) and healthcare making up 8%. Although utility costs remain relatively high due largely to expensive power sources such as coal or nuclear energy most other categories are either on par or even below average providing citizens with an overall moderate cost of living compared with almost anywhere else in America while still affording them access to city amenities like cultural centers, recreational facilities and educational institutes.