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Holland, MI vs Southfield, MI

87
Holland
Michigan
VS
-5.6%
92
Southfield
Michigan

Holland is moderately more affordable than Southfield, with a 5.6% lower cost of living index. Holland scores 87 compared to 92 for Southfield, where the US average is 100. This difference means residents of Southfield can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Holland is $1,143/month compared to $1,301/month in Southfield — a 12% difference. Interestingly, home values tell a different story: while Holland has cheaper rent, Southfield actually has lower median home values ($226,900 vs $235,800).

Median household income in Holland is $72,905 compared to $65,848 in Southfield (+10.7%). Holland offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Holland spend roughly 18.8% of their income on rent, less than the 23.7% in Southfield.

Income & Cost

Cost of Living Index
Holland
87
6% cheaper
Southfield
92
Median Household Income
Holland
$72,905
10% higher
Southfield
$65,848

Housing

Median Rent
Holland
$1,143
12% cheaper
Southfield
$1,301
Median Home Value
Holland
$235,800
Southfield
$226,900
4% cheaper
Population
Holland
34,266
Southfield
76,025

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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