Cost of Living in Advance, MI
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
150.5
100 = national avg
+50.5 vs national average
Living Wage (1 Adult)
$66,206
per year
Living Wage (Family of 4)
$156,486
per year
Cost Index by Category
Housing184.9
Food121.4
Transportation142.8
Healthcare117.1
Utilities129.8
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$800
per month
2 Bedroom
$1,039
per month
The overall cost of living index in Advance is 150.5, which is 50.5% above the national average. Housing costs are above the national average at an index of 184.9. A single adult needs to earn approximately $66,206 per year to cover basic expenses.