Farmington Hills, MI vs Novi, MI

Farmington Hills is moderately more affordable than Novi, with a 10.2% lower cost of living index. Farmington Hills scores 106 compared to 119 for Novi, where the US average is 100. This difference means residents of Novi can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Farmington Hills is $1,475/month compared to $1,696/month in Novi — a 13% difference. Home values follow the same pattern: Farmington Hills is more affordable at $333,200 median vs $399,100.

Median household income in Farmington Hills is $101,863 compared to $110,938 in Novi (-8.2%). The higher salaries in Novi partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Farmington Hills spend roughly 17.4% of their income on rent, less than the 18.3% in Novi.