Cost of Living in Gagetown, MI
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
76.9
100 = national avg
-23.1 vs national average
Living Wage (1 Adult)
$33,835
per year
Living Wage (Family of 4)
$79,973
per year
Cost Index by Category
Housing62.7
Food89.5
Transportation79.1
Healthcare91.6
Utilities86.3
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$786
per month
2 Bedroom
$973
per month
The overall cost of living index in Gagetown is 76.9, which is 23.1% below the national average. Housing costs are below the national average at an index of 62.7. A single adult needs to earn approximately $33,835 per year to cover basic expenses.