Cost of Living in Lakewood Club, MI
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
107.9
100 = national avg
+7.9 vs national average
Living Wage (1 Adult)
$47,485
per year
Living Wage (Family of 4)
$112,236
per year
Cost Index by Category
Housing118.0
Food101.4
Transportation102.8
Healthcare101.1
Utilities104.4
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$942
per month
2 Bedroom
$1,236
per month
The overall cost of living index in Lakewood Club is 107.9, which is 7.9% above the national average. Housing costs are above the national average at an index of 118.0. A single adult needs to earn approximately $47,485 per year to cover basic expenses.