College Costs in Novi, MI 2026
Compare tuition, housing, and financial aid across 3 colleges in Novi, 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
$621
per month
Colleges & Universities
3
institutions
Novi Overview
Population
60,489
Student Population
4,119 (6.8%)
Cost of Living Index
91.7 (avg: 100)
Walk Score
51/100
Transit Score
25/100
Unemployment Rate
3.8%
College Cost Calculator for Novi
Cost Inputs
Total Cost (4 Years, Public In-State)
$112,504
Total After Financial Aid
$112,504
Annual Cost
$28,126
Annual After Aid
$28,126
Cost Breakdown (4 Years)
If Financed (10-Year Loan at 6.5%)
| Loan Amount | $112,504 |
| Monthly Payment | $1,277 |
| Total Interest | $40,791 |
| Total Loan Cost | $153,295 |
Universities in Novi
| University | Type | Annual Tuition |
|---|---|---|
| Novi State University | Public | $16,841 |
| Novi Community College | Community | $5,346 |
Novi has 3 total colleges and universities. Tuition figures are approximate annual in-state rates for the 2025-2026 academic year.
Cost of Living in Novi vs. National Average
| Category | Novi | National Avg | Difference |
|---|---|---|---|
| Public Tuition (In-State) | $15,400 | $10,940 | +$4,460 |
| Monthly Rent Near Campus | $621 | $1,050 | -$429 |
| Cost of Living Index | 91.7 | 100 | -8.299999999999997 |
Novi'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 Novi
Walk Score
Somewhat Walkable
Transit Score
Minimal Transit
Student Population
4,119 students
Novi has a total population of 60,489, with approximately 4,119 college students (6.8% of the population). While not primarily a college town, Novi offers students access to urban amenities, diverse employment opportunities, and a wide range of cultural experiences.
Post-Graduation Outlook in Novi
$30,317
Starting Salary
3.8%
Unemployment Rate
54%
Graduation Rate
~0 yrs
ROI Payback Period
Return on Investment Analysis
Graduates from colleges in Novi earn a median starting salary of $30,317, which is -$4,683 more per year than the average high school graduate salary of $35,000. At a 4-year public university cost of $112,504 (including room and board), it would take approximately 0 years of the salary premium to recoup the investment. With average financial aid of $14,618 per student per year, the net cost and payback period can be significantly reduced.
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