Zip 48070 (Huntington Woods, MI) Cost of Living


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How much do I need to live in Huntington Woods, Michigan?
$6,840 / month
for a family, 26.7% more expensive than the national average A total of $82,080 for the year for a family.
$4,700 / month
for a single person, 1.4% less expensive than the national average A total of $56,400 for the year for a single person.

Huntington Woods cost of living score
104.9
More expensive
4.9% higher
than the US average
14.6% higher
than the Michigan average
Huntington Woods (zip 48070), 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.

Zip 48070 (Huntington Woods, MI)

Housing costs in Huntington Woods?
A typical home costs $428,200, which is 26.6% more expensive than the national average of $338,100 and 95.8% more expensive than the average Michigan home, at $218,700. Renting a two-bedroom unit in Huntington Woods costs $1,790 per month, which is 62.7% more than the national average of $1,100 and 31.8% more than the state average of $1,220.

Can I afford Huntington Woods?
To live comfortably in Huntington Woods (zip 48070), Michigan, a minimum annual income of $82,080 for a family, and $56,400 for a single person is recommended.

What does A.I. say about Huntington Woods?
Living in 48070 Huntington Woods, MI can be a bit pricey due to the higher than average cost of living. The median home value in the area is around $246,000 and rent is also on the higher side with the average cost being around $1,870 per month. The cost of groceries and other necessities are also fairly high in comparison to other areas. Additionally, transportation costs can add up as public transportation options are limited and most people need to own a car to get around. Despite the high cost of living, this area offers many advantages such as excellent schools, highly rated restaurants and shops nearby, close proximity to metro Detroit, and a safe environment for families.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesHuntington WoodsMichiganUnited States
    Unlock91.5100.0
  102.2  Unlock100.0
    Unlock84.8100.0
  148.9  Unlock100.0
    Unlock$218,700$338,100
  100.2  Unlock100.0
    Unlock115.1100.0
  125.0  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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