Cost of Living / Ann Arbor, MI Metro
Cost of Living in Ann Arbor, MI Metro
Official metro name: Ann Arbor, MI Metro Area
Ann Arbor, MI Metro has a population of 370,231. Median household income is $84,245 and median rent is $1,335 per month. Rent is roughly 19.0% of median monthly income.
State: MIPopulation: 370,231Income: $84,245Rent: $1,335Affordability: Affordable (19.0%)
Median Household Income
$84,245
Annual (ACS median)
Median Rent
$1,335
Monthly (ACS median gross rent)
Rent as % of Income
19.0%
rent ÷ (income/12)
Cost Index
112
Simplified relative index
Is Ann Arbor, MI Metro expensive?
Based on median rent and income, Ann Arbor, MI Metro has a Affordable rent burden. Median rent is $1,335, which is about 19.0% of median monthly household income.
Average rent in Ann Arbor, MI Metro
Median rent (ACS) is $1,335 per month. (Neighborhoods vary widely.)
How much income do you need in Ann Arbor, MI Metro?
Median household income (ACS) is $84,245 per year. Housing costs take a bigger share of income when rent burden is high.
Other metros in MI
Compare Ann Arbor, MI Metro with nearby metros:
Data sources
- US Census Bureau American Community Survey (ACS).
- Affordability metric: median rent ÷ (median household income / 12).
- Figures are metro-level medians; local variation is expected.