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Forest Hills, MI vs Novi, MI

131
Forest Hills
Michigan
VS
+10.8%
119
Novi
Michigan

Novi is moderately more affordable than Forest Hills, with a 10.8% lower cost of living index. Forest Hills scores 131 compared to 119 for Novi, where the US average is 100. This difference means residents of Forest Hills can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Forest Hills is $1,950/month compared to $1,696/month in Novi — a 15% difference. Home values follow the same pattern: Novi is more affordable at $399,100 median vs $474,800.

Median household income in Forest Hills is $156,618 compared to $110,938 in Novi (+41.2%). While Forest 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 Forest Hills spend roughly 14.9% of their income on rent, less than the 18.3% in Novi.

Income & Cost

Cost of Living Index
Forest Hills
131
Novi
119
10% cheaper
Median Household Income
Forest Hills
$156,618
29% higher
Novi
$110,938

Housing

Median Rent
Forest Hills
$1,950
Novi
$1,696
13% cheaper
Median Home Value
Forest Hills
$474,800
Novi
$399,100
16% cheaper
Population
Forest Hills
28,494
Novi
66,224

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Forest Hills $2.88
Novi $3.00
US $3.07
🥚
Eggs (grade A, large)
Forest Hills $2.35
Novi $2.45
US $2.50
🥛
Milk (whole)
Forest Hills $3.79
Novi $3.94
US $4.03
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Bread (white)
Forest Hills $1.74
Novi $1.81
US $1.85
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Chicken breast
Forest Hills $3.90
Novi $4.06
US $4.14
Electricity
Forest Hills $0.18
Novi $0.20
US $0.19