Cost of Living in Lake Leelanau, MI
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
115.8
100 = national avg
+15.8 vs national average
Living Wage (1 Adult)
$50,957
per year
Living Wage (Family of 4)
$120,444
per year
Cost Index by Category
Housing151.8
Food96.2
Transportation92.5
Healthcare97.0
Utilities108.1
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,366
per month
2 Bedroom
$1,497
per month
The overall cost of living index in Lake Leelanau is 115.8, which is 15.8% above the national average. Housing costs are above the national average at an index of 151.8. A single adult needs to earn approximately $50,957 per year to cover basic expenses.