Cost of Living in Carney, MI

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

Cost of Living Overview

Overall Index

80.2

100 = national avg

-19.8 vs national average

Living Wage (1 Adult)

$35,308

per year

Living Wage (Family of 4)

$83,455

per year

Cost Index by Category

Housing
81.8
Food
85.4
Transportation
70.7
Healthcare
88.3
Utilities
87.6

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$771

per month

2 Bedroom

$973

per month

The overall cost of living index in Carney is 80.2, which is 19.8% below the national average. Housing costs are below the national average at an index of 81.8. A single adult needs to earn approximately $35,308 per year to cover basic expenses.