Ann Arbor, MI Relocation Guide (2026)
Cost of living, housing, and income data for Ann Arbor, sourced from the US Census Bureau.
Source: US Census Bureau ACS 5-Year (2022). Last updated July 2026.
in-content-top (set NEXT_PUBLIC_ADSENSE_CLIENT to serve real ads)Ann Arbor, Michigan is home to roughly 122,216 residents. The typical household earns $78,546 per year — roughly in line with the median across cities we track (+9%).
Housing costs are a defining factor for anyone relocating here. The median home value sits at $416,500 (above the multi-city median at +27%), while renters pay a median of $1,472 per month. Buyers should weigh current mortgage rates and local property taxes against these figures before committing.
Cost of housing in Ann Arbor
Median home value is $416,500 and median gross rent is $1,472/month. For buyers, monthly costs depend heavily on current mortgage rates — worth checking before you commit.
Walkability & transit
Walkability data (Walk Score) will appear here once enrichment is run for Ann Arbor.
Climate & home insurance
Climate and flood-risk data (FEMA National Risk Index) will appear here once enrichment is run. Home insurance costs vary widely by region and risk profile.
in-content-mid (set NEXT_PUBLIC_ADSENSE_CLIENT to serve real ads)Moving to Ann Arbor
Planning a move to Ann Arbor? Compare licensed movers and get quotes based on your origin and move date.
Frequently asked questions
- What is the cost of living in Ann Arbor, MI?
- In Ann Arbor, the median home value is $416,500 and median rent is $1,472 per month, against a median household income of $78,546. These figures come from the US Census Bureau ACS 5-Year (2022).
- How much do you need to earn to live comfortably in Ann Arbor?
- A common guideline is that rent should stay under 30% of gross income. With median rent at $1,472/month, that implies an income of about $58,880 to keep housing affordable in Ann Arbor.
- Is it better to rent or buy in Ann Arbor?
- With a median home value of $416,500 and median rent of $1,472/month, the buy-vs-rent decision in Ann Arbor depends on how long you plan to stay, current mortgage rates, and your down payment. Compare monthly mortgage estimates against the rent figure above.