Cost of Living in Belleville, MI
Population: 3,961 | Michigan
Belleville is 20% less expensive than the national average.
Cost of Living in Belleville, MI: What You Need to Know
With a cost of living index of 80, Belleville, MI is a very affordable place to live. Living here is 20% cheaper than the national average and in line with the Michigan state average. Belleville is a small community of 3,961 residents.
Housing costs are the biggest factor in Belleville's cost of living. The median monthly rent is $1,077 (18% below the US median of $1,319), and the median home value sits at $162,700 (47% below the national median of $304,900). At current prices, the median home costs roughly 2.7x the median household income — well within traditional affordability guidelines.
The median household income in Belleville is $59,929, which is 20% lower than the national median of $75,149. Residents spend roughly 22% of household income on rent. This is a comfortable ratio, well below the 30% threshold that financial experts recommend as a maximum. Lower incomes here are balanced by the significantly lower cost of living, stretching each dollar further.
Everyday prices in the Detroit-Warren-Dearborn, MI (Metropolitan Statistical Area) metro area are generally below the national average. Out of 6 common items tracked by the Bureau of Labor Statistics, 5 are priced lower than the US average. These real-world prices — from groceries to electricity — add up and should be factored into any cost of living comparison.
Data sources: US Census Bureau (ACS 2023), Zillow Home Values, HUD Fair Market Rents, BEA Regional Price Parities, BLS Average Prices, and NOAA Climate Normals. Updated monthly.
Income
- Median Household Income
- $59,929
- vs US Median ($75,149)
- -20%
Housing
- Median Rent
- $1,077/mo
- Median Home Value
- $162,700
- Median Monthly Housing Cost
- $1,143/mo
Everyday Prices in Belleville
BLS Average Prices for the Detroit-Warren-Dearborn, MI (Metropolitan Statistical Area) area