Cost of Living in Elberta, MI
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
159.4
100 = national avg
+59.4 vs national average
Living Wage (1 Adult)
$70,140
per year
Living Wage (Family of 4)
$165,785
per year
Cost Index by Category
Housing149.3
Food146.3
Transportation192.5
Healthcare137.0
Utilities137.6
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$937
per month
2 Bedroom
$1,224
per month
The overall cost of living index in Elberta is 159.4, which is 59.4% above the national average. Housing costs are above the national average at an index of 149.3. A single adult needs to earn approximately $70,140 per year to cover basic expenses.