Cost of Living in Lake Victoria, MI
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
162.8
100 = national avg
+62.8 vs national average
Living Wage (1 Adult)
$71,627
per year
Living Wage (Family of 4)
$169,300
per year
Cost Index by Category
Housing175.2
Food144.5
Transportation158.3
Healthcare135.6
Utilities141.7
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,012
per month
2 Bedroom
$1,268
per month
The overall cost of living index in Lake Victoria is 162.8, which is 62.8% above the national average. Housing costs are above the national average at an index of 175.2. A single adult needs to earn approximately $71,627 per year to cover basic expenses.