Cost of Living in Climax, MI
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
108.6
100 = national avg
+8.6 vs national average
Living Wage (1 Adult)
$47,762
per year
Living Wage (Family of 4)
$112,892
per year
Cost Index by Category
Housing98.6
Food110.2
Transportation120.4
Healthcare108.2
Utilities105.8
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$998
per month
2 Bedroom
$1,162
per month
The overall cost of living index in Climax is 108.6, which is 8.6% above the national average. Housing costs are below the national average at an index of 98.6. A single adult needs to earn approximately $47,762 per year to cover basic expenses.