Cost of Living in Davison, MI
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
88.2
100 = national avg
-11.8 vs national average
Living Wage (1 Adult)
$38,791
per year
Living Wage (Family of 4)
$91,687
per year
Cost Index by Category
Housing95.5
Food88.6
Transportation77.1
Healthcare90.8
Utilities92.2
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$856
per month
2 Bedroom
$1,033
per month
The overall cost of living index in Davison is 88.2, which is 11.8% below the national average. Housing costs are below the national average at an index of 95.5. A single adult needs to earn approximately $38,791 per year to cover basic expenses.