Cost of Living in Baroda, MI

Cost indexes, living wages, and fair market rents — 2024 Data

Cost of Living Overview

Overall Index

101.4

100 = national avg

+1.4 vs national average

Living Wage (1 Adult)

$44,637

per year

Living Wage (Family of 4)

$105,505

per year

Cost Index by Category

Housing
104.4
Food
99.8
Transportation
99.6
Healthcare
99.8
Utilities
100.8

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$902

per month

2 Bedroom

$1,184

per month

The overall cost of living index in Baroda is 101.4, which is 1.4% above the national average. Housing costs are above the national average at an index of 104.4. A single adult needs to earn approximately $44,637 per year to cover basic expenses.