Ann Arbor, MI Cost of Living


49 Reviews



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Ann Arbor cost of living score
105.5
More expensive
5.5% higher
than the US average
15.3% higher
than the Michigan average
Ann Arbor, Michigan gets a BestPlaces Cost of Living score of 105.5, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 5.5% higher than the U.S. average and 15.3% higher than the average for Michigan.

Ann Arbor, MI

Housing costs in Ann Arbor?
A typical home costs $455,500, which is 34.7% more expensive than the national average of $338,100 and 108.3% more expensive than the average Michigan home, at $218,700. Renting a two-bedroom unit in Ann Arbor costs $1,630 per month, which is 14.0% more than the national average of $1,430 and 32.5% more than the state average of $1,100.

Can I afford Ann Arbor?
To live comfortably in Ann Arbor, Michigan, a minimum annual income of $87,120 for a family, and $54,400 for a single person is recommended.

What does A.I. say about Ann Arbor?
The cost of living in Ann Arbor, MI is 110.7, which is 10.7% higher than the US average of 100. This high cost of living is likely due to its high house median value of $455,500, which is 35% more than the US average of $338,100. As such, it is no surprise that Ann Arbor has a much higher cost of living than the national average.
   Cost of living score
     CategoriesAnn ArborMichiganUnited States
  105.591.5100.0
  102.693.4100
  80.984.8100.0
  143.471.2100.0
  $455,500$218,700$338,100
  99.3%100.1%100.0%
  100.1115.1100.0
  130.895.9100.0

   100=National Average

   Average Rent by Bedroom Size
Reviews for Ann Arbor
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Over 7 years ago

Highly educated city. traffic and parking is bad. university culture is nice, not sure about elsewhere. no good pizza! if you're looking for food, I recommend "a taste  More

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Uh, compared to my other favorite college towns this one lacks flavor. Safer and kinda pretty, but not the greenest place, it's fine. Good restaurants, music, art,  More

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Over 9 years ago

Ann Arbor bus service (AATA) is quite good. The Detroit Metro Airport is only a 20 min. drive away and is also quite good. The traffic in Ann Arbor is usually mild  More

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