What does housing cost in Novi in 2026?

Housing in Novi runs to about €1,450 per month for a reference home of 45 m².

What is the average rent in Novi?

Asking rent in Novi stands at 1,696 €/month.

What are property prices in Novi?

To buy in Novi, expect 399,100 €.

Cost of Living in Novi, 2026: Rent, Groceries, Transport

Cost of living in Novi — 2026

Novi has 66,224 residents and lies in Michigan. Median rent there comes to roughly €1,450 per month in 2026. To buy, expect 341,140 €. Median income is 94,827 €/year, meaning reference rent absorbs about 18% of monthly income.

Cost of living in Novi

Rent

Median rent: 1,450 €/month

Buy

Median home value: 341,140 €

Income

Median household income: 94,827 €/year

Local taxes

Median property tax paid: 4,785 €/year

Quality of life — Novi

Rent burdenShare of household income spent on rent — US Census ACS 5-year 2023

25,2 %

Poverty rateShare of the population below the poverty line — US Census ACS 5-year 2023

4,7 %

Cities near Novi

Compare with neighbouring towns

Farmington Hills9 km Livonia13 km Southfield19 km Westland20 km Dearborn Heights23 km Pontiac25 km Royal Oak27 km Dearborn29 km

Compare directly

Novi vs Farmington Hills Novi vs Livonia Novi vs Southfield Novi vs Westland

All cities in MichiganCost of living in Michigan

Compare Novi with where you live now

Simulate your move and see the impact on your monthly budget.

Start the comparison