Cost of Living in Grand Marais, MI
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
88.3
100 = national avg
-11.7 vs national average
Living Wage (1 Adult)
$38,838
per year
Living Wage (Family of 4)
$91,800
per year
Cost Index by Category
Housing86.0
Food92.7
Transportation85.3
Healthcare94.1
Utilities92.8
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$817
per month
2 Bedroom
$1,072
per month
The overall cost of living index in Grand Marais is 88.3, which is 11.7% below the national average. Housing costs are below the national average at an index of 86.0. A single adult needs to earn approximately $38,838 per year to cover basic expenses.