Cost of Living in Frankenmuth, MI

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

Cost of Living Overview

Overall Index

114.1

100 = national avg

+14.1 vs national average

Living Wage (1 Adult)

$50,213

per year

Living Wage (Family of 4)

$118,686

per year

Cost Index by Category

Housing
116.1
Food
114.6
Transportation
96.9
Healthcare
111.7
Utilities
112.0

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$851

per month

2 Bedroom

$1,117

per month

The overall cost of living index in Frankenmuth is 114.1, which is 14.1% above the national average. Housing costs are above the national average at an index of 116.1. A single adult needs to earn approximately $50,213 per year to cover basic expenses.