Cost of Living in Grayling, MI
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
71.4
100 = national avg
-28.6 vs national average
Living Wage (1 Adult)
$31,419
per year
Living Wage (Family of 4)
$74,262
per year
Cost Index by Category
Housing84.7
Food74.2
Transportation48.5
Healthcare79.4
Utilities81.5
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$875
per month
2 Bedroom
$1,038
per month
The overall cost of living index in Grayling is 71.4, which is 28.6% below the national average. Housing costs are below the national average at an index of 84.7. A single adult needs to earn approximately $31,419 per year to cover basic expenses.