Dearborn, MI Cost of Living (2024): How Expensive Is It?

What Salary Do You Need to Live Comfortably in Dearborn, MI in 2024?

Overall, on average, a gross annual salary of $57,008 is required for an average quality of life in Dearborn, MI.

Is the Cost of Living High in Dearborn, MI?

Dearborn, MI is ranked 93rd out of the 333 most populated cities in the U.S. for having the lowest cost of living. Therefore, it is considered one of the cheaper cities in which to live in the U.S. Dearborn, MI's average monthly rent is 36% lower than the U.S. average cost of rent.

Is $50,000 a Good Salary in Dearborn, MI in 2024?

A gross annual salary of $50,000 in Dearborn, MI will yield an average annual net salary of $43,757. Considering that the total average annual cost of living in Dearborn, MI is $42,602, a gross annual salary of $50,000 will be sufficient to cover average living costs.

How Much Should You Pay for Rent in Dearborn, MI?

The average monthly rent in Dearborn, MI in the city center is $1,102 for a 1 bedroom apartment, $1,407 for a 2 bedroom apartment and $1,704 for a 3 bedroom apartment. Outside the city center, the average monthly rent in is $1,105 for a 1 bedroom apartment, $1,306 for a 2 bedroom apartment and $1,600 for a 3 bedroom apartment.