Cost of Living in Cheboygan, MI
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
74.6
100 = national avg
-25.4 vs national average
Living Wage (1 Adult)
$32,817
per year
Living Wage (Family of 4)
$77,567
per year
Cost Index by Category
Housing75.6
Food81.6
Transportation63.2
Healthcare85.3
Utilities84.1
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$803
per month
2 Bedroom
$1,054
per month
The overall cost of living index in Cheboygan is 74.6, which is 25.4% below the national average. Housing costs are below the national average at an index of 75.6. A single adult needs to earn approximately $32,817 per year to cover basic expenses.