Cost of Living in Carp Lake, MI
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
63.8
100 = national avg
-36.2 vs national average
Living Wage (1 Adult)
$28,087
per year
Living Wage (Family of 4)
$66,387
per year
Cost Index by Category
Housing72.3
Food70.9
Transportation41.8
Healthcare76.7
Utilities77.0
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$941
per month
2 Bedroom
$1,235
per month
The overall cost of living index in Carp Lake is 63.8, which is 36.2% below the national average. Housing costs are below the national average at an index of 72.3. A single adult needs to earn approximately $28,087 per year to cover basic expenses.