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Cost of Living in Novi, MI

124.9
Expensive · National average is 100

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$110,588
Median Income
$1,584/mo
Median Rent
$380,200
Median Home
65,870
Population

Cost Breakdown

🏠Housing
135.8
0Nat'l Avg (100)200
🛒Groceries
126.7
0Nat'l Avg (100)200
🚗Transportation
131.4
0Nat'l Avg (100)200
🏥Healthcare
108.9
0Nat'l Avg (100)200
⚡Utilities
112.4
0Nat'l Avg (100)200

Fair Market Rents (HUD)

Some values estimated
Studio1 BR2 BR3 BR4 BR
$1,236
est.
$1,394
est.
$1,584$2,028
est.
$2,313
est.

Est. values are derived from the census median rent using national HUD bedroom ratios. Actual HUD Fair Market Rents may differ.

Nearby Cities

Compare Novi with cities in the area

Northville, MI
Expensive
121
Walled Lake, MI
Affordable
91.2
Wixom, MI
Average
97.3
Wolverine Lake, MI
Above Average
106.6
Plymouth, MI
Above Average
112.7
Farmington, MI
Average
99.5
Compare Novi vs NorthvilleCompare Novi vs Walled LakeCompare Novi vs Wixom