Cost of Living in Ann Arbor, MI
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
150.7
100 = national avg
+50.7 vs national average
Living Wage (1 Adult)
$66,322
per year
Living Wage (Family of 4)
$156,762
per year
Cost Index by Category
Housing208.3
Food112.0
Transportation124.0
Healthcare109.6
Utilities128.8
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,387
per month
2 Bedroom
$1,656
per month
The overall cost of living index in Ann Arbor is 150.7, which is 50.7% above the national average. Housing costs are above the national average at an index of 208.3. A single adult needs to earn approximately $66,322 per year to cover basic expenses.