Median mortgage payment for 2018: $2,111
Median rent for 2018: $1,308
Category |
Estimated Annual Spend (in 000's) |
|---|---|
| Food | $215,333 |
| --Home Prepared Food | $121,339 |
| --Restaurant/Takeaway Food | $93,995 |
| Alcoholic Beverages | $15,808 |
| Housing | $545,810 |
| --Rent/Mortgage/Upkeep/Taxes | $319,155 |
| --Utilities | $110,016 |
| --Operations | $41,443 |
| --Supplies | $20,294 |
| --Furnishings | $55,115 |
| Apparel | $50,629 |
| --Men & Boys | $11,322 |
| --Women & Girls | $20,508 |
| --Children < 2 | $214 |
| --Footwear | $10,681 |
| Transportation | $265,108 |
| --New Vehicles | $49,561 |
| --Used Vehicles | $56,610 |
| --Fuel | $57,251 |
| --Insurance | $26,489 |
| --Public Transit | $22,217 |
| Healthcare | $135,010 |
| Entertainment | $87,586 |
| --Pets | $17,944 |
| --Toys | $4,272 |
| Personal Care Products | $20,935 |
| Books & Literature | $2,991 |
| Education | $38,239 |
| Tobacco Products | $9,399 |
| Miscellaneous | $26,917 |
| Retirement | $51,270 |
| Non-health Insurance | $198,243 |
| Total Expenditures | $1,663,278 |
| Period | Geography | Population |
|---|---|---|
| 2014 | Novi city, Michigan | 56,887 |
| 2015 | Novi city, Michigan | 57,577 |
| 2016 | Novi city, Michigan | 58,233 |
| 2017 | Novi city, Michigan | 58,835 |
| 2018 | Novi city, Michigan | 59,625 |