Small City58,211 people

Royal Oak, MI

Discover how far your salary goes in Royal Oak. Compare taxes, rent, and living costs.

Cost Index
98
Below Average
Population

58,211

State Tax

4.3%

1BR Rent

$1,190

/month

vs National

-15%

below avg

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Rent Prices in Royal Oak

🏠

Studio

$952

/month

$11,424/year

Most Common
🛏️

1 Bedroom

$1,190

/month

$14,280/year

🏡

2 Bedroom

$1,607

/month

$19,284/year

🏘️

3 Bedroom

$2,083

/month

$24,996/year

Taxes in Michigan

State Income Tax

Michigan

4.3%

For a $100k salary, that's ~$4,250/year in state taxes.

Federal Income Tax

Same nationwide

10-37%

Federal taxes use progressive brackets. The more you earn, the higher your marginal rate.

Learn how tax brackets work

Frequently Asked Questions

What is the cost of living in Royal Oak, MI?

Royal Oak has a cost of living index of 98, which is 2% below the national average. A 1-bedroom apartment costs around $1,190/month.

What is the state income tax in Michigan?

Michigan has a state income tax rate of approximately 4.3%. This is in addition to federal income tax.

How much is rent in Royal Oak?

The median rent for a 1-bedroom apartment in Royal Oak is $1,190/month. For a 2-bedroom, expect to pay around $1,607/month. This is 15% below the national average.

Is Royal Oak a good place to live?

Royal Oak is a small city with a population of 58,211. The cost of living is below average, making it more affordable than average for the US.

See the complete picture for Royal Oak

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