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Novi, MI vs Sterling Heights, MI

119
Novi
Michigan
VS
+25.9%
94
Sterling Heights
Michigan

There is a significant gap in the cost of living between these two cities. Sterling Heights is 25.9% cheaper than Novi. With a cost index of 94 vs 119, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Sterling Heights to Novi should plan for substantially higher expenses across most categories.

On the housing front, median rent in Novi is $1,696/month compared to $1,267/month in Sterling Heights — a 34% difference. Home values follow the same pattern: Sterling Heights is more affordable at $260,700 median vs $399,100.

Median household income in Novi is $110,938 compared to $78,429 in Sterling Heights (+41.5%). While Novi is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Novi spend roughly 18.3% of their income on rent, less than the 19.4% in Sterling Heights.

Income & Cost

Cost of Living Index
Novi
119
Sterling Heights
94
21% cheaper
Median Household Income
Novi
$110,938
29% higher
Sterling Heights
$78,429

Housing

Median Rent
Novi
$1,696
Sterling Heights
$1,267
25% cheaper
Median Home Value
Novi
$399,100
Sterling Heights
$260,700
35% cheaper
Population
Novi
66,224
Sterling Heights
133,473

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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