Cost of Living in Lake Fenton, MI
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
151.9
100 = national avg
+51.9 vs national average
Living Wage (1 Adult)
$66,828
per year
Living Wage (Family of 4)
$157,957
per year
Cost Index by Category
Housing171.1
Food136.1
Transportation128.4
Healthcare128.9
Utilities135.9
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$856
per month
2 Bedroom
$1,033
per month
The overall cost of living index in Lake Fenton is 151.9, which is 51.9% above the national average. Housing costs are above the national average at an index of 171.1. A single adult needs to earn approximately $66,828 per year to cover basic expenses.