salaryRent is higher than in 68% of U.S. cities. Household incomes are higher than in 94% of U.S. cities. A typical house costs under 3 years of household income, which is easy by U.S. standards. Most homes (85.9%) are owned, so rentals can be hard to find. It is a highly educated city: 73.1% of adults have a college degree.
How much money do I need?
To rent here comfortably, you should earn about $79,360 a year. That is $38 an hour at a full-time job.
Is rent cheaper than other Michigan cities?
No. Rent here is more expensive than in most of Michigan. It is number 169 of 179 cities from cheapest to most expensive.
How much do households earn in Grosse Pointe?
Share of households by yearly income. 63.7% of households earn $100,000 or more.
Rent by apartment size in Grosse Pointe
| Size | Grosse Pointe | U.S. average |
|---|---|---|
| 2 bedrooms | $1,811 | $1,509 |
| 3 bedrooms | $2,084 | $1,698 |
| 4 bedrooms | $3,500+ | $2,098 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Grosse Pointe overall?
Everyday prices in Michigan overall are 4% below the U.S. average (index 96.2, U.S. = 100).
Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Grosse Pointe, so the Michigan figure is shown.
Taxes and bills in Grosse Pointe
Life in Grosse Pointe
Is it cheaper to rent or buy in Grosse Pointe?
Renting is cheaper right now: about $1,047 a month less.
Owning assumes a typical $436,800 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $43,680 for the down payment.
Frequently asked questions
What is the average rent in Grosse Pointe, MI?
Renting in Grosse Pointe costs a median of about $1,984 a month in 2026, including utilities. The Michigan median is $1,314.
How much do I need to make to live in Grosse Pointe?
To keep rent under 30% of income, you need about $79,360 a year, or $38 an hour at a full-time job.
Is Grosse Pointe cheap or expensive?
Grosse Pointe is rated Cheap: rent takes 13.9% of the typical household income of $171,323. It ranks 169th cheapest of 179 Michigan cities we track.
How much are property taxes in Grosse Pointe?
The median homeowner in Grosse Pointe pays $7,596 a year in property taxes, about 1.74% of the median home value.
Is Grosse Pointe more expensive than the national average?
Overall prices in Michigan are 4% below the U.S. average, according to the U.S. Bureau of Economic Analysis.
How much does a house cost in Grosse Pointe?
The median home value in Grosse Pointe is $436,800, about 2.5 times the typical yearly household income.
5,541 people live in Grosse Pointe. Numbers are typical (middle) values.