Cost of Living in Fife Lake, MI

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

Cost of Living Overview

Overall Index

102.4

100 = national avg

+2.4 vs national average

Living Wage (1 Adult)

$45,077

per year

Living Wage (Family of 4)

$106,546

per year

Cost Index by Category

Housing
103.4
Food
101.4
Transportation
102.7
Healthcare
101.1
Utilities
101.5

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$1,143

per month

2 Bedroom

$1,357

per month

The overall cost of living index in Fife Lake is 102.4, which is 2.4% above the national average. Housing costs are above the national average at an index of 103.4. A single adult needs to earn approximately $45,077 per year to cover basic expenses.