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Farmington Hills, MI vs Oak Park, MI

106
Farmington Hills
Michigan
VS
+16.1%
92
Oak Park
Michigan

There is a significant gap in the cost of living between these two cities. Oak Park is 16.1% cheaper than Farmington Hills. With a cost index of 92 vs 106, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Oak Park to Farmington Hills should plan for substantially higher expenses across most categories.

On the housing front, median rent in Farmington Hills is $1,475/month compared to $1,354/month in Oak Park — a 9% difference. Home values follow the same pattern: Oak Park is more affordable at $198,500 median vs $333,200.

Median household income in Farmington Hills is $101,863 compared to $65,882 in Oak Park (+54.6%). While Farmington Hills is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Farmington Hills spend roughly 17.4% of their income on rent, less than the 24.7% in Oak Park.

Income & Cost

Cost of Living Index
Farmington Hills
106
Oak Park
92
14% cheaper
Median Household Income
Farmington Hills
$101,863
35% higher
Oak Park
$65,882

Housing

Median Rent
Farmington Hills
$1,475
Oak Park
$1,354
8% cheaper
Median Home Value
Farmington Hills
$333,200
Oak Park
$198,500
40% cheaper
Population
Farmington Hills
83,316
Oak Park
29,370

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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