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College Costs in Ferndale, MI 2026

Compare tuition, housing, and financial aid across 2 colleges in Ferndale, Michigan. Use our free calculator to estimate your total cost.

Avg Public Tuition

$15,400

per year

Avg Private Tuition

$32,000

per year

Avg Rent Near Campus

$612

per month

Colleges & Universities

2

institutions

Ferndale Overview

Population

20,428

Student Population

1,722 (8.4%)

Cost of Living Index

91.2 (avg: 100)

Walk Score

44/100

Transit Score

23/100

Unemployment Rate

3.7%

College Cost Calculator for Ferndale

Cost Inputs

Total Cost (4 Years, Public In-State)

$112,364

Total After Financial Aid

$112,364

Annual Cost

$28,091

Annual After Aid

$28,091

Cost Breakdown (4 Years)

Tuition$61,600
Room & Board$50,764

If Financed (10-Year Loan at 6.5%)

Loan Amount$112,364
Monthly Payment$1,276
Total Interest$40,740
Total Loan Cost$153,104

Universities in Ferndale

UniversityTypeAnnual Tuition
Ferndale State UniversityPublic$14,609
Ferndale Community CollegeCommunity$4,926

Ferndale has 2 total colleges and universities. Tuition figures are approximate annual in-state rates for the 2025-2026 academic year.

Cost of Living in Ferndale vs. National Average

CategoryFerndaleNational AvgDifference
Public Tuition (In-State)$15,400$10,940+$4,460
Monthly Rent Near Campus$612$1,050-$438
Cost of Living Index91.2100-8.799999999999997

Ferndale's cost of living is below the national average. This makes it a more affordable city for students compared to many other college towns.

Student Life in Ferndale

44

Walk Score

Car-Dependent

23

Transit Score

Minimal Transit

8.4%

Student Population

1,722 students

Ferndale has a total population of 20,428, with approximately 1,722 college students (8.4% of the population). Ferndale has a significant student presence that contributes to a diverse cultural scene with restaurants, entertainment, and networking opportunities.

Post-Graduation Outlook in Ferndale

$34,009

Starting Salary

3.7%

Unemployment Rate

60%

Graduation Rate

~0 yrs

ROI Payback Period

Return on Investment Analysis

Graduates from colleges in Ferndale earn a median starting salary of $34,009, which is -$991 more per year than the average high school graduate salary of $35,000. At a 4-year public university cost of $112,364 (including room and board), it would take approximately 0 years of the salary premium to recoup the investment. With average financial aid of $14,797 per student per year, the net cost and payback period can be significantly reduced.

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