Cost of Living in Lake Ann, MI

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

Cost of Living Overview

Overall Index

131.3

100 = national avg

+31.3 vs national average

Living Wage (1 Adult)

$57,777

per year

Living Wage (Family of 4)

$136,563

per year

Cost Index by Category

Housing
144.0
Food
116.9
Transportation
133.8
Healthcare
113.5
Utilities
118.9

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$937

per month

2 Bedroom

$1,224

per month

The overall cost of living index in Lake Ann is 131.3, which is 31.3% above the national average. Housing costs are above the national average at an index of 144.0. A single adult needs to earn approximately $57,777 per year to cover basic expenses.