Livonia, MI

Below Avg · 88

Michigan · Population 94,058 · Updated March 2026

$1,284
Median Rent / Month
$96,317
Median Income
$265,300
Median Home Value
$1,281
Owner Costs / Month

Affordability

How far your income goes in Livonia

16.0%
Rent-to-Income Ratio
Affordable
Rent takes less than 25% of median income — considered affordable by HUD standards.

Tax Burden in Michigan

State-level tax rates that affect your costs

4.25%
Income Tax (Top Rate)
6.0%
Sales Tax
1.38%
Property Tax Rate

Estimated Annual Costs

$15,408
Annual Rent
$4,093
State Income Tax
$3,661
Property Tax (est.)

Cost of Living Overview

Livonia offers a below-average cost of living, giving residents more purchasing power compared to many US cities. With a cost index of 88 (where 100 equals the national median), Livonia residents can expect to pay median rent of $1,284/month while earning a median household income of $96,317/year.

The median home value in Livonia, MI is $265,300, with typical monthly owner costs around $1,281 including mortgage, insurance, and taxes. The median rent-to-income ratio of 16.0% means housing is relatively affordable here — well below the 30% threshold that HUD considers cost-burdened.

Michigan has a moderate income tax rate of 4.25%. Combined with a 6.0% sales tax rate and 1.38% effective property tax rate, the overall tax environment is a factor in the total cost of living in Livonia.

Frequently Asked Questions

Common questions about living costs in Livonia

What is the cost of living in Livonia, MI?
The cost of living index in Livonia, MI is 88 (US average = 100). Median monthly rent is $1,284, median household income is $96,317/year, and the median home value is $265,300.
Is Livonia, MI affordable?
Yes, Livonia is more affordable than the national average with a cost index of 88. The rent-to-income ratio is 16.0%—below the 30%% threshold considered affordable by HUD.
What is the average rent in Livonia, MI?
The median gross rent in Livonia, MI is $1,284 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $15,408.
What is the median household income in Livonia?
The median household income in Livonia, MI is $96,317 per year. This compares to the national median of approximately $80,000.
What are the taxes like in Michigan?
Michigan has a top income tax rate of 4.25%, a sales tax of 6.0%, and an effective property tax rate of 1.38%.