How Much Does It Cost to Live In Ann Arbor, MI?
Moving to another city or country has to be a tough and well-thought decision because you will need to meet your financial goals while going to the unknown.
That is why it is suggested to get acquainted with all the possible salaries for your profession, general expenses and prices, which will allow you to be prepared for a new way of life there.
Ann Arbor is a place that offers high salaries, but, at the same time, high rent and food prices.
United States : Cost of Living by City
- Albany, NY
- Albuquerque, NM
- Anchorage, AK
- Ann Arbor, MI
- Arlington, TX
- Asheville, NC
- Atlanta, GA
- Austin, TX
- Bakersfield, CA
- Baltimore, MD
- Bellevue, WA
- Bellingham, WA
- Berkeley, CA
- Birmingham, AL
- Boise, ID
- Boston, MA
- Boulder, CO
- Brooklyn, NY
- Buffalo, NY
- Burlington, VT
- Charleston, SC
- Charlotte, NC
- Chattanooga, TN
- Chicago, IL
- Cincinnati, OH
- Cleveland, OH
- Columbia, SC
- Columbus, OH
- Dallas, TX
- Dayton, OH
- Denver, CO
- Des Moines, IA
- Detroit, MI
- El Paso, TX
- Eugene, OR
- Everett, WA
- Fayetteville, AR
- Fort Myers, FL
- Fort Wayne, IN
- Fort Worth, TX
- Fresno, CA
- Gainesville, FL
- Grand Rapids, MI
- Greensboro, NC
- Hartford, CT
- Honolulu, HI
- Houston, TX
- Huntsville, AL
- Indianapolis, IN
- Irvine, CA
- Jacksonville, FL
- Jersey City, NJ
- Kansas City, MO
- Knoxville, TN
- Las Vegas, NV
- Lexington, KY
- Little Rock, AR
- Long Beach, CA
- Los Angeles, CA
- Louisville, KY
- Lubbock, TX
- Madison, WI
- Memphis, TN
- Miami, FL
- Milwaukee, WI
- Minneapolis, MN
- Nashville, TN
- New Orleans, LA
- New York, NY
- Oakland, CA
- Oklahoma City, OK
- Olympia, WA
- Orlando, FL
- Peoria, IL
- Philadelphia, PA
- Phoenix, AZ
- Pittsburgh, PA
- Portland, ME
- Portland, OR
- Raleigh, NC
- Reno, NV
- Richmond, VA
- Rochester, NY
- Sacramento, CA
- Saint Louis, MO
- Saint Paul, MN
- Saint Petersburg, FL
- Salem, OR
- Salt Lake City, UT
- San Antonio, TX
- San Diego, CA
- San Francisco, CA
- San Jose, CA
- Santa Barbara, CA
- Santa Rosa, CA
- Seattle, WA
- Spokane, WA
- Springfield, MO
- Syracuse, NY
- Tacoma, WA
- Tallahassee, FL
- Tampa, FL
- Toledo, OH
- Tucson, AZ
- Tulsa, OK
- Vancouver, WA
- Virginia Beach, VA
- Washington, DC
- West Palm Beach, FL
- Wichita, KS
RESTAURANTS
If you love to eat out, you will need to adjust your food budget accordingly, as high food prices affect the restaurant prices, as well.
Generally, meals are less expensive than in many other cities, and alcohol prices are lower than the national average.
MARKETS
Compared to the national average, grocery prices in Ann Arbor, Michigan are quite high and it is always recommended to do wise shopping, meaning buying fruit and vegetables at the local markets.
This would be the second highest expense here, taking more than 30% of the budget monthly.
TRANSPORTATION
Those who would rather walk across the city would save pretty much money on transportation, as commuting is a daily expense.
Another way of saving is using the public transport system instead of driving here, due to the fact that a monthly pass is only $50, which is quite affordable and reasonable.
UTILITIES (MONTHLY)
Even though the rent prices are high, they do not include utilities and you will have to earn enough money for these additional expenses.
Internet access is expensive in the whole country, and the situation is the same in Ann Arbor, while all the other services are not too expensive.
SPORTS & LEISURE
What needs to be included in the cost of living are non-necessities, such as entertainment and sports activities.
The average price for a fitness club or a gym is less than $50 per month, and if you are more of a cinema lover than a sports fan, the ticket is around $12.
CLOTHING & SHOES
If you take a look at the prices of clothing, it can be said that jeans and dresses can be found at reasonable prices and of great quality.
Designer apparel is less pricey here than in some other cities, but people still do not spend much on this, only 2%.
RENT PER MONTH
Ann Arbor residents have higher salaries than the residents of some other cities in the United States, but that also means that the average price for accommodation varies widely and the apartment in the city center can be $500 more expensive than the one in the suburbs.
Cost of Living Averages Table for Ann Arbor, MI
*Note: All prices are indicated in USD.Average Restaurant Prices | |
---|---|
Meal (Inexpensive Restaurant) | $15 |
Domestic Beer (0.5 Liter) | $7 |
Water (0.33 Liter) | $2.21 | Average Market Prices |
Milk (1 Liter) | $0.88 |
Loaf Bread (500g) | $2.94 |
Eggs (12) | $2.84 | Average Transport Prices |
One Way Ticket | $1.62 |
Monthly Pass | $50 |
Gasoline | $0.94 | Average Utilities Prices |
Basic (Water, Electricity, Garbage, Heating, Cooling) | $133.8 |
1 min. of Prepaid Mobile Tariff Local | $0.10 |
Internet (Unlimited Data, Cable/ADSL) | $67.86 | Average Leisure Prices |
Fitness Club, Monthly Fee for 1 Adult | $48.75 |
Tennis Court Rent (1 Hour) | $23.33 |
Cinema, 1 Seat, International Release | $12.00 | Average Clothing Prices |
1 Pair of Jeans (Levis 501 Or Comparable) | $73.33 |
1 Summer Dress in a Chain Store (Zara, etc...) | $53.00 |
1 Pair of Adidas Walking Shoes (Mid-Range) | $78.33 | Average Rent Prices |
Apartment (1 bedroom) in City Center | $1865.00 |
Apartment (1 bedroom) Outside of Center | $1300.00 |
Apartment (3 bedrooms) in City Center | $3425.0 |
How Does the Average Person Spend Their Money in Ann Arbor, MI?
Once you arrive in Ann Arbor, you will have to rent, and even though the prices are below the United States average, you will give the majority of your monthly budget for it.
You can choose from plenty of accommodation, whether it is a studio, a three-bedroom apartment, or anything in between, which will determine the price.
Another third of your salary would go to food, as groceries shopping requires quite a lot of money in Ann Arbor.
Utilities would take as much money as leisure activities.
Average Costs Breakdown
Ann Arbor, MI: Average Salary, Minimum Wage & Mortgages
If you will be starting a new life in Ann Arbor, with a decent job, your need to be aware that your budget and all the expenses might look quite different than they were in your home country and react accordingly.
The average salary is quite high and it is estimated to be enough o cover the basic expenses, including some leisure activities and clothes.
The minimum salary would not be sufficient to cover the rent, and not to speak about other costs.
Ann Arbor Safety Overview
READ THE FULL REPORT: Ann Arbor Safety Review
Safety Index:- OVERALL RISK: MEDIUM
- TRANSPORT & TAXIS RISK: MEDIUM
- PICKPOCKETS RISK: MEDIUM
- NATURAL DISASTERS RISK: MEDIUM
- MUGGING RISK: MEDIUM
- TERRORISM RISK: LOW
- SCAMS RISK: MEDIUM
- WOMEN TRAVELERS RISK: MEDIUM