Cost of Living in Breckenridge, MI

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

Cost of Living Overview

Overall Index

84.0

100 = national avg

-16.0 vs national average

Living Wage (1 Adult)

$36,980

per year

Living Wage (Family of 4)

$87,407

per year

Cost Index by Category

Housing
72.8
Food
93.4
Transportation
86.8
Healthcare
94.7
Utilities
90.6

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$742

per month

2 Bedroom

$973

per month

The overall cost of living index in Breckenridge is 84.0, which is 16.0% below the national average. Housing costs are below the national average at an index of 72.8. A single adult needs to earn approximately $36,980 per year to cover basic expenses.