Cost of Living in Belding, MI
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
89.0
100 = national avg
-11.0 vs national average
Living Wage (1 Adult)
$39,166
per year
Living Wage (Family of 4)
$92,575
per year
Cost Index by Category
Housing79.1
Food92.7
Transportation106.9
Healthcare94.2
Utilities91.5
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$921
per month
2 Bedroom
$1,209
per month
The overall cost of living index in Belding is 89.0, which is 11.0% below the national average. Housing costs are below the national average at an index of 79.1. A single adult needs to earn approximately $39,166 per year to cover basic expenses.