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Dearborn, MI vs Royal Oak, MI

90
Dearborn
Michigan
VS
-10.4%
100
Royal Oak
Michigan

Dearborn is moderately more affordable than Royal Oak, with a 10.4% lower cost of living index. Dearborn scores 90 compared to 100 for Royal Oak, where the US average is 100. This difference means residents of Royal Oak can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Dearborn is $1,264/month compared to $1,335/month in Royal Oak — a 5% difference. Home values follow the same pattern: Dearborn is more affordable at $205,900 median vs $305,900.

Median household income in Dearborn is $65,192 compared to $95,182 in Royal Oak (-31.5%). While Royal Oak is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Dearborn spend roughly 23.3% of their income on rent, more than the 16.8% in Royal Oak.

Income & Cost

Cost of Living Index
Dearborn
90
10% cheaper
Royal Oak
100
Median Household Income
Dearborn
$65,192
Royal Oak
$95,182
32% higher

Housing

Median Rent
Dearborn
$1,264
5% cheaper
Royal Oak
$1,335
Median Home Value
Dearborn
$205,900
33% cheaper
Royal Oak
$305,900
Population
Dearborn
107,846
Royal Oak
57,880

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Dearborn $3.00
Royal Oak $3.00
US $3.07
🥚
Eggs (grade A, large)
Dearborn $2.45
Royal Oak $2.45
US $2.50
🥛
Milk (whole)
Dearborn $3.94
Royal Oak $3.94
US $4.03
🍞
Bread (white)
Dearborn $1.81
Royal Oak $1.81
US $1.85
🍗
Chicken breast
Dearborn $4.06
Royal Oak $4.06
US $4.14
Electricity
Dearborn $0.20
Royal Oak $0.20
US $0.19