Cost of Living in Boyne City, MI
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
105.6
100 = national avg
+5.6 vs national average
Living Wage (1 Adult)
$46,463
per year
Living Wage (Family of 4)
$109,822
per year
Cost Index by Category
Housing110.2
Food102.0
Transportation104.1
Healthcare101.6
Utilities103.3
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$800
per month
2 Bedroom
$1,039
per month
The overall cost of living index in Boyne City is 105.6, which is 5.6% above the national average. Housing costs are above the national average at an index of 110.2. A single adult needs to earn approximately $46,463 per year to cover basic expenses.