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11th most affordable of 199 in Metro Detroit

Cost of Living in Beverly Hills, MI

A typical home in Beverly Hills costs about $2,415 a month, 16.3% of the median household income of $177,412. That makes Beverly Hills the 5th most affordable of 56 places in Oakland County and 11th of 199 across Metro Detroit.

Median rent a month
$2,077
Median home value
$511,000
Owner cost with a mortgage
$2,752
Of income on housing
16.3%

Beverly Hills against Oakland County and the metro

Census median Beverly Hills Oakland County Metro Detroit
Median rent (monthly) $2,077 $1,376 $1,207
Median home value $511,000 $343,600 $249,700
Owner cost with a mortgage (monthly) $2,752 $1,998 $1,720
Median household income (yearly) $177,412 $97,760 $76,664
Share of income on housing 16.3% 20.7% 22.9%

Ranked 5th most affordable of 56 in Oakland County. See all 56.

Cost of living near Beverly Hills

The towns around Beverly Hills, each with its own page.

Living in Beverly Hills

Beverly Hills cost of living questions

5 questions

Is Beverly Hills, MI expensive to live in?
A typical home in Beverly Hills takes 16.3% of the median household income, against 22.9% across Metro Detroit, which ranks it 11th most affordable of 199 places.
What is the average rent in Beverly Hills?
The median gross rent is $2,077 a month, rent plus the utilities the renter pays, 72% above the metro.
How much does a house cost in Beverly Hills?
Owners put the median home value at $511,000, 105% above the metro. With a mortgage, the median owner pays $2,752 a month for the mortgage, taxes, insurance and utilities.
What income do you need to live in Beverly Hills?
Spending no more than 30% of income on housing, the usual rule, a typical Beverly Hills home at $2,415 a month calls for about $97,000 a year. The median household here earns $177,412.
Where do these numbers come from?
The U.S. Census Bureau's American Community Survey 2020-2024 5-year estimates for Beverly Hills. They are medians, half above and half below, and today's listings and rents can differ.

Source: U.S. Census Bureau, American Community Survey 2020-2024 5-year estimates.