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Cost of Living in Grosse Pointe Park, MI

2025 Affordability Data & Housing Costs

114.6

Cost of Living Index (100 = US Average)

Expensive

Median Home Value

$460,500

Owner-occupied homes (2023 ACS)

Median Household Income

$121,796

Annual (2023 ACS)

Housing Costs

The median home value in Grosse Pointe Park is $460,500, which is higher than the national average. The home price-to-income ratio is 3.8, indicating strong affordability.

Income & Purchasing Power

The median household income in Grosse Pointe Park is $121,796 annually.

Compare with Other Cities

View all cities in Michigan

Frequently Asked Questions

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

The COL index is 114.6, which is higher than the US average of 100.

What is the median home value in Grosse Pointe Park?

The median home value is $460,500.

What is the median rent in Grosse Pointe Park?

Data not available.

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