Cost of Living in Ferndale, MI
Overall index: 88 (100 = US national average). Data source: US Census ACS 2023 & BLS OEWS 2025, 2025.
Overall Cost of Living Index
Cost Breakdown by Category
| Category | Index | vs US avg | Sample cost |
|---|---|---|---|
| Housing | 67 | -33% | $865 |
| Transportation | 101 | +1% | $3.50 |
| Food | 123 | +23% | $504 |
| Utilities | 84 | -16% | $121 |
| Healthcare | 84 | -16% | $87 |
Index 100 = US national average. Higher = more expensive.
Cost breakdown (visual)
Salary Calculator: What do you need to earn in Ferndale?
A single adult living comfortably in Ferndale, MI needs approximately $30,800 / year after taxes.
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Frequently Asked Questions
What is the cost of living in Ferndale, MI?
The overall cost of living in Ferndale, MI is 12% lower than the US national average (index: 88 where 100 = national average).
How much is rent in Ferndale, MI?
Average rent for a 1-bedroom apartment in Ferndale, MI is about $865/month.
Is Ferndale, MI expensive to live in?
No, Ferndale, MI is affordable (below national average).
What salary do I need to live in Ferndale, MI?
A single adult needs roughly $30,800/year to cover basic living costs in Ferndale, MI.