Cost of Living in Addison, MI
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
81.4
100 = national avg
-18.6 vs national average
Living Wage (1 Adult)
$35,823
per year
Living Wage (Family of 4)
$84,672
per year
Cost Index by Category
Housing72.5
Food90.6
Transportation81.1
Healthcare92.4
Utilities88.8
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$889
per month
2 Bedroom
$1,166
per month
The overall cost of living index in Addison is 81.4, which is 18.6% below the national average. Housing costs are below the national average at an index of 72.5. A single adult needs to earn approximately $35,823 per year to cover basic expenses.