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Cost of Living Comparison 2026

๐Ÿ“ Farmington Hills, MI โ€” ZIP-level rent data ยท COL adjusted from Detroit, MI area

$

Numbers update automatically as you type

You'd spend $1.7K/month more in Austin, TX

$150.0K in your current city equals $170.2K in Austin, TX

Rent data from HUD ZIP-level estimates ยท COL index from Detroit-Warren-Dearborn, MI area
Overall Cost
โ†‘ 22.5%
More expensive
Monthly Impact
$1,687
Extra cost
Annual Impact
$20.2K
Per year

Based on monthly living costs (rent, groceries, utilities, transport, healthcare). Home purchase prices shown separately below.

Farmington Hills, MI

Population:83K
Cost Index:100
Median Home:$374K

Austin, TX

Population:979K
Cost Index:122
Median Home:$558K

Farmington Hills, MI

The Great Lakes State

83K
Population
State Tax
Yes

Located in Michigan, this city has a population of 83K residents.

Austin, TX

The Lone Star State

979K
Population
State Tax
No Income Tax
Climate
Humid subtropical

Notable Facts

  • โ€ขLive music capital
  • โ€ขMajor tech hub
  • โ€ขSXSW festival city

Major Industries

TechnologyMusic IndustryEducationGovernment

Cost Breakdown by Category

Annual spending: Farmington Hills, MI vs Austin, TX

๐Ÿ Housing
โ†‘ 115.1%
Farmington Hills, MI
$1,341
Austin, TX
$2,885
Difference
$1,544
more
๐Ÿš—Transportation
โ†“ 14.5%
Farmington Hills, MI
$1,501
Austin, TX
$1,284
Difference
$217
less
๐Ÿ“ฆOther
โ†‘ 8.8%
Farmington Hills, MI
$1,600
Austin, TX
$1,741
Difference
$141
more
๐ŸฅHealthcare
โ†‘ 6.8%
Farmington Hills, MI
$551
Austin, TX
$589
Difference
$37.46
more
๐Ÿ›’Groceries
โ†‘ 3.4%
Farmington Hills, MI
$928
Austin, TX
$959
Difference
$31.33
more
โšกAll Utilities
โ†“ 0.7%
Farmington Hills, MI
$545
Austin, TX
$541
Difference
$3.87
less

๐Ÿ Rent Comparison

Studio
From$1,084
To$1,585
โ†‘ $501
1 Bed
From$1,206
To$1,685
โ†‘ $479
2 Bed
From$1,519
To$1,995
โ†‘ $476
3 Bed
From$1,856
To$2,525
โ†‘ $669
Farmington Hills, MIZIP-level data

1BR range: $1,090โ€“$1,690/mo

Austin, TXZIP-level data

1BR range: $1,490โ€“$2,350/mo

๐Ÿ’ก Note: Rent prices are based on HUD Fair Market Rent data and represent median costs. Actual prices vary by neighborhood, amenities, and condition. Source: HUD Small Area Fair Market Rents FY2026.

$6,466
Monthly in Farmington Hills, MI
$7,998
Monthly in Austin, TX
$1,533
Difference

Home Values

Farmington Hills
Austin
$374K
Median Value
$558K
โ†‘ +3.2%
YoY Change
โ†“ -5%
โ†‘ +33.9%
5-Year Change
โ†‘ +12.6%
$291K - $442K
Price Range
$272K - $1.26M

Homes in Austin are 49% more expensive than Farmington Hills

Source: Zillow Home Value Index (ZHVI), January 2026

Tax Comparison

Annual tax burden comparison at $150.0K salary

Tax Savings
โ†‘ $6.4K
Per year
Monthly Difference
$531
More take-home
Effective Rate Diff
4.2%
Rate difference

Farmington Hills, MI

Federal Income Tax
Effective: 18.9%
$25.5K
Michigan State Tax
Effective: 4.3%
$6.4K
FICA Taxes
Social Security + Medicare
$11.5K
Total Taxes
Effective: 28.9%
$43.4K
Take-Home Pay
$8,884/month
$106.6K

Austin, TX

Federal Income Tax
Effective: 18.9%
$25.5K
Texas State Tax
No state income tax
$0
FICA Taxes
Social Security + Medicare
$11.5K
Total Taxes
Effective: 24.7%
$37.0K
Take-Home Pay
$9,416/month
$113.0K

Additional Tax Information

Farmington Hills, MI Tax Rates

Sales Tax:6.0%
Property Tax:1.4%

Austin, TX Tax Rates

Sales Tax:8.2%
Property Tax:1.8%

๐Ÿ’ก Note: Tax calculations are estimates based on 2024/2025 tax brackets for single filers with standard deduction. Actual taxes may vary based on filing status, deductions, credits, and local variations.

Environment

Farmington Hills
Austin
55 Moderate
Air Quality
52 Moderate
32.8%
Good Air Days
42.6%
99 High
Climate Risk
98 High
๐ŸŒŠ๐ŸŒก๐ŸŒช
Top Hazards
๐ŸŒŠ๐ŸŒก๐ŸŒช
โ–ฒ+3.1ยฐF
2050 Outlook
โ–ฒ+2.5ยฐF
10 days
Heat Days >95ยฐF
98 days
โ–ฒ+3.1ยฐF
2050 Outlook
โ–ฒ+2.5ยฐF
10 days
Heat Days >95ยฐF
98 days

๐Ÿ’ฐ See how taxes change too โ€” compare take-home pay between Michigan and Texas on TaxTakeHome.com

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