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30th most affordable of 199 in Metro Detroit

Cost of Living in Grosse Pointe, MI

A typical home in Grosse Pointe costs about $2,285 a month, 17.3% of the median household income of $158,853. That makes Grosse Pointe the 3rd most affordable of 42 places in Wayne County and 30th of 199 across Metro Detroit.

Median rent a month
$1,725
Median home value
$436,800
Owner cost with a mortgage
$2,845
Of income on housing
17.3%

Grosse Pointe against Wayne County and the metro

Census median Grosse Pointe Wayne County Metro Detroit
Median rent (monthly) $1,725 $1,132 $1,207
Median home value $436,800 $178,500 $249,700
Owner cost with a mortgage (monthly) $2,845 $1,556 $1,720
Median household income (yearly) $158,853 $60,539 $76,664
Share of income on housing 17.3% 26.6% 22.9%

Ranked 3rd most affordable of 42 in Wayne County. See all 42.

Cost of living near Grosse Pointe

The towns around Grosse Pointe, each with its own page.

Living in Grosse Pointe

Grosse Pointe cost of living questions

5 questions

Is Grosse Pointe, MI expensive to live in?
A typical home in Grosse Pointe takes 17.3% of the median household income, against 22.9% across Metro Detroit, which ranks it 30th most affordable of 199 places.
What is the average rent in Grosse Pointe?
The median gross rent is $1,725 a month, rent plus the utilities the renter pays, 43% above the metro.
How much does a house cost in Grosse Pointe?
Owners put the median home value at $436,800, 75% above the metro. With a mortgage, the median owner pays $2,845 a month for the mortgage, taxes, insurance and utilities.
What income do you need to live in Grosse Pointe?
Spending no more than 30% of income on housing, the usual rule, a typical Grosse Pointe home at $2,285 a month calls for about $91,000 a year. The median household here earns $158,853.
Where do these numbers come from?
The U.S. Census Bureau's American Community Survey 2020-2024 5-year estimates for Grosse Pointe. 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.