Cost of Living in Deerfield, MI

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

Cost of Living Overview

Overall Index

102.0

100 = national avg

+2.0 vs national average

Living Wage (1 Adult)

$44,900

per year

Living Wage (Family of 4)

$106,127

per year

Cost Index by Category

Housing
90.7
Food
106.1
Transportation
112.3
Healthcare
104.9
Utilities
101.8

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$889

per month

2 Bedroom

$1,166

per month

The overall cost of living index in Deerfield is 102.0, which is 2.0% above the national average. Housing costs are below the national average at an index of 90.7. A single adult needs to earn approximately $44,900 per year to cover basic expenses.