Cost of Living in Ida, MI

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

Cost of Living Overview

Overall Index

142.7

100 = national avg

+42.7 vs national average

Living Wage (1 Adult)

$62,801

per year

Living Wage (Family of 4)

$148,438

per year

Cost Index by Category

Housing
109.8
Food
143.9
Transportation
187.8
Healthcare
135.1
Utilities
128.3

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$1,011

per month

2 Bedroom

$1,326

per month

The overall cost of living index in Ida is 142.7, which is 42.7% above the national average. Housing costs are above the national average at an index of 109.8. A single adult needs to earn approximately $62,801 per year to cover basic expenses.