Cost of Living in Ithaca, MI
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
91.0
100 = national avg
-9.0 vs national average
Living Wage (1 Adult)
$40,058
per year
Living Wage (Family of 4)
$94,683
per year
Cost Index by Category
Housing81.4
Food97.7
Transportation95.3
Healthcare98.1
Utilities94.9
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$742
per month
2 Bedroom
$973
per month
The overall cost of living index in Ithaca is 91.0, which is 9.0% below the national average. Housing costs are below the national average at an index of 81.4. A single adult needs to earn approximately $40,058 per year to cover basic expenses.