Cost of Living in Berkley, MI
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
154.0
100 = national avg
+54.0 vs national average
Living Wage (1 Adult)
$67,744
per year
Living Wage (Family of 4)
$160,123
per year
Cost Index by Category
Housing158.2
Food136.4
Transportation172.9
Healthcare129.2
Utilities133.5
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,122
per month
2 Bedroom
$1,411
per month
The overall cost of living index in Berkley is 154.0, which is 54.0% above the national average. Housing costs are above the national average at an index of 158.2. A single adult needs to earn approximately $67,744 per year to cover basic expenses.