Grosse Pointe, MI, has a higher cost of living compared to the nationwide average. The overall cost of living index in Grosse Pointe is 110, which is 10% higher than the national average of 100. This increase is largely driven by higher housing and grocery costs, which are 20% and 10% higher, respectively. Utilities, transportation, healthcare, and miscellaneous expenses also contribute to this elevated cost of living, though to a lesser extent.
Grosse Pointe, MI, has a higher cost of living compared to the nationwide average, which is set at 100. Housing costs in Grosse Pointe are 20% higher than the national average, with an index of 120. This means that expenses related to renting or buying a home are significantly more in Grosse Pointe. Groceries also show a 10% increase, with an index of 110, indicating that food and household supplies are more expensive here than in the average U.S. city.
Utilities in Grosse Pointe are slightly below the national average, with an index of 95, which means they are 5% cheaper. This provides some relief for those living in the area. However, healthcare costs are 5% higher, with an index of 105, showing that medical expenses are more costly. Miscellaneous costs, which include items like entertainment and personal care, are 15% higher, with an index of 115. Overall, Grosse Pointe presents a higher cost of living in most categories compared to the national average.