Michigan is a great place to live. There are many things that make Michigan a great place to live, including the fact that it is a great place to raise a family.
Michigan also has many beautiful lakes, which are perfect for fishing, swimming, and boating. Michigan has a strong economy, which makes it a great place to work.
There are many great cities in Michigan, but some of the most expensive ones are Northville, Beverly Hills, and Ann Arbor.
These cities are all known for their high cost of living. The main reason the cost of living is so high is because of the high prices for housing and goods and services.
Despite the high cost of living, there are still many great things about these cities. They offer a great quality of life and have a lot to offer residents.
In this article, we will take a look at the three most expensive cities in Michigan and see what makes them so pricey.
Related: The 10 Richest Cities in Michigan
Most Expensive Cities in Michigan
The cost of living in Birmingham is also high, with a cost of goods and services index of 139.6. This means that goods and services in Birmingham cost 39.6% more than the national average.
There are several reasons why Birmingham is so expensive. One reason is that there is a shortage of housing in the area. Another reason is that many people who work in Detroit live in Birmingham because it is closer to the city.
The cost of living in Birmingham is higher than in other places in Michigan because of its proximity to Detroit.
2. Bloomfield Hills
While Bloomfield Hills may be unaffordable for many people, it is a desirable place to live with its excellent schools and luxurious homes.
There are many factors that contribute to this high cost of living, including the city’s excellent schools, safe neighborhoods, and abundance of luxury amenities.
Bloomfield Hills is also just a short drive away from downtown Detroit, which has been experiencing a resurgence in recent years.
All of these factors combine to make Bloomfield Hills one of the most expensive places to live in the United States.
3. East Grand Rapids
East Grand Rapids is one of the most expensive places to live in Michigan. The average home value is over $613,801 and the cost of living is high.
There are many reasons for this, but the main one is that East Grand Rapids is a desirable place to live.
It has a great school system, beautiful parks, and a vibrant community. While it may be expensive, many people are willing to pay the price for the quality of life that East Grand Rapids offers.
4. Harbor Springs
Harbor Springs is a small town in northern Michigan that is known for its expensive homes and high cost of living.
The median home value in Harbor Springs is over $590,000 and the average cost of a gallon of milk is over $5.00.
Despite the high prices, Harbor Springs is a popular tourist destination, and many people visit the town to enjoy the scenery and the many activities that are available.
There are several golf courses in Harbor Springs, as well as a number of ski resorts. The town is also home to a number of art galleries and shops.
5. New Buffalo
New Buffalo is a city in southwestern Michigan and it’s the most expensive city in the state. The cost of living is high, especially for housing. The average home price in New Buffalo is over $634,923 and the median rent is nearly $2,000.
Even though it’s an expensive city, it’s a great place to live. The schools are excellent, the crime rate is low, and there are plenty of things to do.
There are several reasons why New Buffalo is the most expensive city in Michigan. The main reason is that the cost of housing is very high. Another reason that New Buffalo is so expensive is that the city has a very high cost of living.
The cost of food, transportation, and other necessities is much higher than in other parts of Michigan. New Buffalo is a very popular tourist destination, and the prices of hotels and other accommodations are also very high.
6. Beverly Hills
Beverly Hills, Michigan is the most expensive city in the state. The cost of living in this city is significantly higher than in any other city in Michigan. The average price for a home in Beverly Hills is over $520,283, and the median income for residents is over $127,419.
The high cost of living in Beverly Hills is due to the city’s exclusive zip code, which includes some of the most expensive real estate in the country.
Despite the high cost of living, Beverly Hills is a desirable place to live due to its excellent schools, safe neighborhoods, and close proximity to major metropolitan areas.
What makes Beverly Hills so expensive is the high cost of living and housing. The median home value in Beverly Hills is over $1 million, which is more than twice the state median.
There are also high costs for goods and services, with the average restaurant meal costing over $40.
7. Grosse Pointe Farms
Grosse Pointe Farms is one of the most expensive cities in Michigan. The cost of living there is 34% higher than the national average. The city has a median home value of $492,489 and a median household income of $143,711.
Grosse Pointe Farms is known for its luxury homes and high-end shopping district. The city has a population of 9,142 (2020) people.
Despite its high cost of living, Grosse Pointe Farms is a desirable place to live. The city has excellent schools, parks, and restaurants. It also has easy access to Detroit’s cultural amenities.
So what makes these small towns so expensive? There are a number of factors that contribute to this high cost of housing, including the limited supply of available land and the desirable location near downtown Detroit.
Both towns boast excellent schools and a high level of community involvement.
With a population of just over 5,000, this small city in Michigan is home to some of the most expensive real estate in the state.
The median home value in Northville is over $549,857, and the median rent is over $2,000.
There are plenty of upscale shops and restaurants to keep residents entertained, and the city’s public schools are some of the best in the state.
Northville Michigan is one of the most expensive cities in Michigan. The cost of living in Northville is high due to its location and its small size. Northville is located close to Detroit, and the cost of living in Detroit is high.
There are not many housing options in Northville, so the cost of housing is high. Northville is a small city, so there are not many options for shopping or dining.
All of these factors contribute to the high cost of living in Northville Michigan.
9. Ann Arbor
Ann Arbor is located in Washtenaw County and is the county seat. The city has a population of about 114,000 people. It is home to the University of Michigan, which is one of the largest universities in the country.
The city is also home to a number of high-tech companies. Ann Arbor is one of the most expensive cities in Michigan. The cost of living is about 17.5% higher than the national average.
Despite its high cost of living, Ann Arbor is a great place to live. The city has a vibrant culture and is home to many excellent restaurants and shops. It also has a number of parks and recreation areas.
10. Huntington Woods
Huntington Woods is a city in Michigan that is known for being one of the most expensive in the state. The cost of living in Huntington Woods is high, and the city has a reputation for being a great place to live.
The city is home to many well-known and wealthy people, and it is a popular destination for those who want to live in a luxurious and expensive city.
Huntington Woods is also home to some of the best schools in Michigan, and the city has a lot to offer its residents.
There are many reasons why Huntington Woods is one of the most expensive cities in Michigan. The cost of living in the city is high, and the median home price is over $486,239.
The city also has a high property tax rate, and the schools in the city are some of the best in the state.
Lastly, the city is home to many upscale restaurants and shops. All of these factors contribute to the high cost of living in Huntington Woods.