158th most affordable of 199 in Metro Detroit
Cost of Living in Bloomfield Hills, MI
A typical home in Bloomfield Hills costs about $3,751 a month, 23.7% of the median household income of $189,942. That makes Bloomfield Hills the 49th most affordable of 56 places in Oakland County and 158th of 199 across Metro Detroit.
- Median rent a month
- $3,501
- Median home value
- $947,900
- Owner cost with a mortgage
- $4,001
- Of income on housing
- 23.7%
Bloomfield Hills against Oakland County and the metro
| Census median | Bloomfield Hills | Oakland County | Metro Detroit |
|---|---|---|---|
| Median rent (monthly) | $3,501 | $1,376 | $1,207 |
| Median home value | $947,900 | $343,600 | $249,700 |
| Owner cost with a mortgage (monthly) | $4,001 | $1,998 | $1,720 |
| Median household income (yearly) | $189,942 | $97,760 | $76,664 |
| Share of income on housing | 23.7% | 20.7% | 22.9% |
Ranked 49th most affordable of 56 in Oakland County. See all 56.
Cost of living near Bloomfield Hills
The towns around Bloomfield Hills, each with its own page.
- Birmingham Rent $1,902 · Home $698,300 112th most affordable in the metro
- Bloomfield Township Rent $1,574 · Home $604,800 29th most affordable in the metro
- Beverly Hills Rent $2,077 · Home $511,000 11th most affordable in the metro
- Southfield Township Rent $2,112 · Home $544,100 8th most affordable in the metro
- Bingham Farms Rent $3,501 · Home $580,500 23rd most affordable in the metro
- Sylvan Lake Rent $1,113 · Home $391,000 64th most affordable in the metro
- Pontiac Rent $1,063 · Home $121,700 192nd most affordable in the metro
- Troy Rent $1,602 · Home $420,300 70th most affordable in the metro
Living in Bloomfield Hills
- Homes for sale in Bloomfield Hills Listings and off-market deals
- Rentals in Bloomfield Hills Houses and apartments for rent
- Bloomfield Hills neighborhoods Every neighborhood on a map
- Bloomfield Hills crime rate From Bloomfield Hills's own police reports
- Cost of living in Oakland County Every town in the county, ranked
- Most affordable cities in Metro Detroit All six counties, ranked
- Bloomfield Hills city guide Pros, homes and city services
Bloomfield Hills cost of living questions
5 questions
Is Bloomfield Hills, MI expensive to live in?
A typical home in Bloomfield Hills takes 23.7% of the median household income, against 22.9% across Metro Detroit, which ranks it 158th most affordable of 199 places.
What is the average rent in Bloomfield Hills?
The median gross rent is $3,501 a month, rent plus the utilities the renter pays, 190% above the metro.
How much does a house cost in Bloomfield Hills?
Owners put the median home value at $947,900, 280% above the metro. With a mortgage, the median owner pays $4,001 a month for the mortgage, taxes, insurance and utilities.
What income do you need to live in Bloomfield Hills?
Spending no more than 30% of income on housing, the usual rule, a typical Bloomfield Hills home at $3,751 a month calls for about $150,000 a year. The median household here earns $189,942.
Where do these numbers come from?
The U.S. Census Bureau's American Community Survey 2020-2024 5-year estimates for Bloomfield 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.