Cost of Living in Edgemont Park, MI
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
94.9
100 = national avg
-5.1 vs national average
Living Wage (1 Adult)
$41,734
per year
Living Wage (Family of 4)
$98,645
per year
Cost Index by Category
Housing92.1
Food97.5
Transportation95.0
Healthcare98.0
Utilities96.9
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,012
per month
2 Bedroom
$1,268
per month
The overall cost of living index in Edgemont Park is 94.9, which is 5.1% below the national average. Housing costs are below the national average at an index of 92.1. A single adult needs to earn approximately $41,734 per year to cover basic expenses.