Green Oak, MI Cost of Living


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Green Oak cost of living score
109.7
More expensive
9.7% higher
than the US average
19.9% higher
than the Michigan average
Green Oak, Michigan gets a BestPlaces Cost of Living score of 109.7, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 9.7% higher than the U.S. average and 19.9% higher than the average for Michigan.

Green Oak, MI

Housing costs in Green Oak?
A typical home costs $412,300, which is 21.9% more expensive than the national average of $338,100 and 88.5% more expensive than the average Michigan home, at $218,700. Renting a two-bedroom unit in Green Oak costs $1,280 per month, which is 10.5% cheaper than the national average of $1,430 and 14.1% more than the state average of $1,100.

Can I afford Green Oak?
To live comfortably in Green Oak, Michigan, a minimum annual income of $78,840 for a family, and $41,600 for a single person is recommended.

What does A.I. say about Green Oak?
Green Oak, MI is an affordable place to live. The cost of living in the city is lower than many surrounding areas, with housing being particularly affordable compared to other cities in Michigan. The median home value in Green Oak is $167,000, significantly lower than the statewide average of $195,000. In addition, average rent costs are generally much lower than other local cities. Other costs such as food and entertainment are comparable to the national averages, making it a great place for people looking for an economical option.
   Cost of living score
     CategoriesGreen OakMichiganUnited States
  109.791.5100.0
  100.493.4100
  82.184.8100.0
  114.871.2100.0
  $412,300$218,700$338,100
  100.0%100.1%100.0%
  131.2115.1100.0
  111.395.9100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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