Cost of Living in Lapeer, MI
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
93.6
100 = national avg
-6.4 vs national average
Living Wage (1 Adult)
$41,195
per year
Living Wage (Family of 4)
$97,370
per year
Cost Index by Category
Housing97.5
Food90.5
Transportation100.8
Healthcare92.4
Utilities93.8
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,122
per month
2 Bedroom
$1,411
per month
The overall cost of living index in Lapeer is 93.6, which is 6.4% below the national average. Housing costs are below the national average at an index of 97.5. A single adult needs to earn approximately $41,195 per year to cover basic expenses.