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Farmington Hills, MI vs Taylor, MI

106
Farmington Hills
Michigan
VS
+37.6%
77
Taylor
Michigan

The cost of living difference between Farmington Hills, MI and Taylor, MI is dramatic. Taylor is 37.6% cheaper than Farmington Hills, a gap that translates to thousands of dollars per year in household expenses. Farmington Hills has a cost index of 106 while Taylor sits at 77, making this one of the more striking comparisons on our site. Relocating between these cities would require a serious reassessment of budget and lifestyle expectations.

On the housing front, median rent in Farmington Hills is $1,475/month compared to $1,036/month in Taylor — a 42% difference. Home values follow the same pattern: Taylor is more affordable at $141,200 median vs $333,200.

Median household income in Farmington Hills is $101,863 compared to $59,537 in Taylor (+71.1%). 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 20.9% in Taylor.

Income & Cost

Cost of Living Index
Farmington Hills
106
Taylor
77
27% cheaper
Median Household Income
Farmington Hills
$101,863
42% higher
Taylor
$59,537

Housing

Median Rent
Farmington Hills
$1,475
Taylor
$1,036
30% cheaper
Median Home Value
Farmington Hills
$333,200
Taylor
$141,200
58% cheaper
Population
Farmington Hills
83,316
Taylor
62,405

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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