Pleasant Ridge, Michigan

Cost of living in Pleasant Ridge, Michigan

  • Cost of living compated to USAhigh
  • Cost of living compared to Michiganthe highest
  • Median household incomethe highest

Is it expensive to live in Pleasant Ridge, Michigan? When calculating the cost of living in Pleasant Ridge, Michigan we factor in state income tax rates, average housing rental prices, average property values, cost of living index, and more.

The cost of living in Pleasant Ridge, Michigan is highAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in the United States and the highestAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in Michigan, while median household income in Pleasant Ridge is $122,422 which is the highest Analytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in the United States and the highestAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in Michigan.

Taxes in Pleasant Ridge, Michigan

The sales tax rate in Pleasant Ridge, Michigan is 6.0%. Last year, the average property taxes paid was 1.6% Pleasant Ridge, Michigan.

The state income tax in the state of Michigan is 4.25%.

Housing costs in Pleasant Ridge, Michigan

  • The average cost of a single-family home compated to USAthe highest
  • The average cost of a single-family home compated to Michiganthe highest

In Pleasant Ridge, Michigan, 96% of the population owns their homes, while approximately 4% rent. The average cost of a single-family home in Pleasant Ridge, Michigan in 2022 is $352,450 which is the highestAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in the United States and the highestAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in Michigan. The average one-bedroom apartment cost is approximately $1,169 per month.

Rental SizeMonthly CostCompared to Michigan
1 Bedroom$1,169the highestAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest
2 Bedroom$1,497the highestAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest
3 Bedroom$1,890the highestAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest
4 Bedroom$2,035the highestAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest