Cost of Living in Bad Axe, MI
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
77.8
100 = national avg
-22.2 vs national average
Living Wage (1 Adult)
$34,227
per year
Living Wage (Family of 4)
$80,900
per year
Cost Index by Category
Housing72.8
Food86.3
Transportation72.7
Healthcare89.1
Utilities86.4
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$806
per month
2 Bedroom
$973
per month
The overall cost of living index in Bad Axe is 77.8, which is 22.2% below the national average. Housing costs are below the national average at an index of 72.8. A single adult needs to earn approximately $34,227 per year to cover basic expenses.