Cost of Living in Charlevoix, MI

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

Cost of Living Overview

Overall Index

98.9

100 = national avg

-1.1 vs national average

Living Wage (1 Adult)

$43,508

per year

Living Wage (Family of 4)

$102,837

per year

Cost Index by Category

Housing
121.0
Food
90.0
Transportation
80.0
Healthcare
92.0
Utilities
98.2

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$800

per month

2 Bedroom

$1,039

per month

The overall cost of living index in Charlevoix is 98.9, which is 1.1% below the national average. Housing costs are above the national average at an index of 121.0. A single adult needs to earn approximately $43,508 per year to cover basic expenses.