Cost of Living in Ferrysburg, MI

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

Cost of Living Overview

Overall Index

114.4

100 = national avg

+14.4 vs national average

Living Wage (1 Adult)

$50,329

per year

Living Wage (Family of 4)

$118,959

per year

Cost Index by Category

Housing
145.0
Food
97.5
Transportation
94.9
Healthcare
98.0
Utilities
107.5

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$1,333

per month

2 Bedroom

$1,519

per month

The overall cost of living index in Ferrysburg is 114.4, which is 14.4% above the national average. Housing costs are above the national average at an index of 145.0. A single adult needs to earn approximately $50,329 per year to cover basic expenses.