Cost of Living in Boon, MI

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

Cost of Living Overview

Overall Index

100.7

100 = national avg

+0.7 vs national average

Living Wage (1 Adult)

$44,318

per year

Living Wage (Family of 4)

$104,751

per year

Cost Index by Category

Housing
63.6
Food
115.9
Transportation
131.8
Healthcare
112.7
Utilities
102.3

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$826

per month

2 Bedroom

$1,084

per month

The overall cost of living index in Boon is 100.7, which is 0.7% above the national average. Housing costs are below the national average at an index of 63.6. A single adult needs to earn approximately $44,318 per year to cover basic expenses.