Melvindale, MI Cost Of Living

Demographics | Crime | Cost Of Living
Updated: 2023-11-15

Cost Of Living In Melvindale, MI Summary

Cost of living in Melvindale research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Melvindale is expensive. An index value below 100 means the city is a relatively cheap place to live.

On a city-by-city basis in Michigan, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:

  • The cost of living index in Melvindale is 89, with 100 being the average.

  • The cost of living index in Melvindale is 0.9x lower than the national average.

  • Melvindale ranks as the #73 cheapest in Michigan out of 175.

  • Melvindale ranks as the #1,460 cheapest out of 6,412 in the US.

  • The median home value in Melvindale is $82,500.

  • The median income in Melvindale is $36,700.

Table Of Contents

  1. Summary
  2. National Comparison
  3. Housing Breakdown
  4. Detailed Pricing
  5. Nearby Comparisons
89
Melvindale's Overall Cost Of Living
0.9x
Lower Than The National Average

What is the cost of living in Melvindale, MI?

According to the most recent data on the cost of living, Melvindale has an overall cost of living index of 89, which is 0.9x lower than the national index of 100.

Compared to Michigan, Melvindale has a cost of living index that's 1.0x lower than Michigan's index of 92.

The standard of living in Melvindale ranks as #73 most affordable out of the 175 places we measured in Michigan. By definition, that implies Melvindale ranks as the #102 most expensive place in the Wolverine State.

For more reading on life in Melvindale, check out:

73 out of 175
In Michigan
1,460 out of 6,412
In America

Melvindale Cost Of Living Vs. Michigan

Six factors go into calculating the cost of living index in Melvindale. Here is how it fairs on each of the criteria:

  • The Services index in Melvindale is 107.

  • The Groceries index in Melvindale is 101.

  • The Health index in Melvindale is 98.

  • The Housing index in Melvindale is 49.

  • The Transportation index in Melvindale is 106.

  • The Utilities index in Melvindale is 95.

Living Expense Melvindale Michigan National Average
Overall 89 92 100
Services 107 96 100
Groceries 101 96 100
Health 98 94 100
Housing 49 80 100
Transportation 106 97 100
Utilities 95 100 100
For more reading on cost of living around Michigan, check out:
Melvindale Cost of Living Vs. MI

Melvindale, MI Housing Cost Breakdown

Housing swings affordability the most between places in Michigan, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2017-2021. The key points are:

  • The Median Home Value in Melvindale is $82,500.

  • The Median Rent in Melvindale is $997.

  • The Median Income in Melvindale is $36,700.

  • The Home Value To Income in Melvindale is 2.2x.

  • The Rent To Monthly Income in Melvindale is 0.33x.

Statistic Melvindale Michigan United States
Median Home Value $82,500 $172,100 $244,900
Median Rent $997 $946 $1,163
Median Income $36,700 $63,202 $69,021
Home Value To Income 2.2x 2.7x 3.5x
Rent To Monthly Income 0.33x 0.18x 0.2x
Search Homes For Sale In Melvindale, MI
$82,500
Median Home Value
$997
Median Rent
$36,700
Median Income

Melvindale, MI Costs By Category

Detailed Melvindale Services Costs Vs. Michigan

Item Melvindale Michigan
Shampoo $0.94 $1.06
Movie $11.26 $10.68
Bowling $19.8 $14.67
Haircut $18.95 $18.62
Beauty Salon $54.27 $39.05

Detailed Melvindale Groceries Costs Vs. Michigan

Item Melvindale Michigan
Ground Beef $4.55 $4.22
Fried Chicken $1.13 $1.39
Milk $1.44 $2.05
Potatoes $4.18 $3.29
Pizza $10.82 $10.62
Beer $8.42 $9.38
Toothpaste $2.43 $2.34

Detailed Melvindale Health Costs Vs. Michigan

Item Melvindale Michigan
Optometrist $81.52 $108.57
Doctor $104.59 $116.17
Dentist $99.57 $99.13

Detailed Melvindale Transportation Costs Vs. Michigan

Item Melvindale Michigan
Gasoline $2.25 $2.22
Tire Balancing $58.95 $50.07

Detailed Melvindale Utilities Costs Vs. Michigan

Item Melvindale Michigan
All Electricity $159.51 $167.67
Phone $178.81 $175.64

Melvindale SnackAbility

3
/10
Overall SnackAbility
Jobs
3/10
Housing
5
Affordability
7
Diversity
9
Safety
4
Amenities
9
Education
4
Commute
8

Cost Of Living In Cities Around Melvindale

The cost of living varies in the cities and towns around Melvindale. Here's a quick look at the cost of living in the most populous nearby places:

  • Dearborn, MI has a cost of living index of 96, 1.1x Melvindale.

  • Livonia, MI has a cost of living index of 102, 1.1x Melvindale.

  • Taylor, MI has a cost of living index of 88, 1.0x Melvindale.

City Population Cost Of Living Vs. Melvindale
Dearborn, MI 107,985 96 1.1x
Livonia, MI 95,294 102 1.1x
Taylor, MI 63,071 88 1.0x
Dearborn Heights, MI 62,334 91 1.0x
Royal Oak, MI 58,368 101 1.1x
Lincoln Park, MI 39,741 89 1.0x
Southgate, MI 29,990 92 1.0x
Allen Park, MI 28,431 91 1.0x
Inkster, MI 25,849 83 0.9x
Wyandotte, MI 24,992 88 1.0x

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