Cost of Living in Grand Ledge, MI

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

Cost of Living Overview

Overall Index

104.0

100 = national avg

+4.0 vs national average

Living Wage (1 Adult)

$45,743

per year

Living Wage (Family of 4)

$108,120

per year

Cost Index by Category

Housing
108.7
Food
100.8
Transportation
101.7
Healthcare
100.7
Utilities
102.2

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$1,012

per month

2 Bedroom

$1,268

per month

The overall cost of living index in Grand Ledge is 104.0, which is 4.0% above the national average. Housing costs are above the national average at an index of 108.7. A single adult needs to earn approximately $45,743 per year to cover basic expenses.