Pleasant Ridge, MI Cost of Living


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Pleasant Ridge cost of living score
104.9
More expensive
4.9% higher
than the US average
14.6% higher
than the Michigan average
Pleasant Ridge, Michigan gets a BestPlaces Cost of Living score of 104.9, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 4.9% higher than the U.S. average and 14.6% higher than the average for Michigan.

Pleasant Ridge, MI

Housing costs in Pleasant Ridge?
A typical home costs $404,400, which is 19.6% more expensive than the national average of $338,100 and 84.9% more expensive than the average Michigan home, at $218,700. Renting a two-bedroom unit in Pleasant Ridge costs $1,850 per month, which is 29.4% more than the national average of $1,430 and 40.5% more than the state average of $1,100.

Can I afford Pleasant Ridge?
To live comfortably in Pleasant Ridge, Michigan, a minimum annual income of $77,400 for a family, and $58,400 for a single person is recommended.

What does A.I. say about Pleasant Ridge?
Pleasant Ridge, MI is known for its relatively low cost of living. The city boasts an average housing cost that is significantly lower than the national median, and offers a variety of reasonably priced options. Additionally, the cost of day-to-day items such as groceries and fuel are also below the national average in most cases. With these affordable costs, Pleasant Ridge provides residents with a high quality of life and many amenities without breaking the bank.
   Cost of living score
     CategoriesPleasant RidgeMichiganUnited States
  104.991.5100.0
  10193.4100
  79.984.8100.0
  136.671.2100.0
  $404,400$218,700$338,100
  100.2%100.1%100.0%
  114.6115.1100.0
  125.095.9100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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