Cost of Living in Lamont, MI
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
225.3
100 = national avg
+125.3 vs national average
Living Wage (1 Adult)
$99,133
per year
Living Wage (Family of 4)
$234,314
per year
Cost Index by Category
Housing267.6
Food171.1
Transportation242.2
Healthcare156.9
Utilities176.2
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,333
per month
2 Bedroom
$1,519
per month
The overall cost of living index in Lamont is 225.3, which is 125.3% above the national average. Housing costs are above the national average at an index of 267.6. A single adult needs to earn approximately $99,133 per year to cover basic expenses.