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Cost of Living in Grosse Pointe, MI

2025 Affordability Data & Housing Costs

109.5

Cost of Living Index (100 = US Average)

Moderate

Median Home Value

$391,800

Owner-occupied homes (2023 ACS)

Median Household Income

$141,985

Annual (2023 ACS)

Housing Costs

The median home value in Grosse Pointe is $391,800, which is close to the national average. The home price-to-income ratio is 2.8, indicating strong affordability.

Income & Purchasing Power

The median household income in Grosse Pointe is $141,985 annually.

Compare with Other Cities

View all cities in Michigan

Frequently Asked Questions

What is the cost of living index in Grosse Pointe, MI?

The COL index is 109.5, which is higher than the US average of 100.

What is the median home value in Grosse Pointe?

The median home value is $391,800.

What is the median rent in Grosse Pointe?

Data not available.

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