Cost of Living in Big Rapids, MI

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

Cost of Living Overview

Overall Index

77.7

100 = national avg

-22.3 vs national average

Living Wage (1 Adult)

$34,169

per year

Living Wage (Family of 4)

$80,764

per year

Cost Index by Category

Housing
86.0
Food
80.7
Transportation
61.4
Healthcare
84.6
Utilities
85.6

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$796

per month

2 Bedroom

$1,010

per month

The overall cost of living index in Big Rapids is 77.7, which is 22.3% below the national average. Housing costs are below the national average at an index of 86.0. A single adult needs to earn approximately $34,169 per year to cover basic expenses.