Cost of Living in Carleton, MI
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
97.8
100 = national avg
-2.2 vs national average
Living Wage (1 Adult)
$43,050
per year
Living Wage (Family of 4)
$101,756
per year
Cost Index by Category
Housing97.1
Food98.8
Transportation97.6
Healthcare99.0
Utilities98.7
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,011
per month
2 Bedroom
$1,326
per month
The overall cost of living index in Carleton is 97.8, which is 2.2% below the national average. Housing costs are below the national average at an index of 97.1. A single adult needs to earn approximately $43,050 per year to cover basic expenses.