Cost of Living in Lathrup Village, MI
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
145.9
100 = national avg
+45.9 vs national average
Living Wage (1 Adult)
$64,182
per year
Living Wage (Family of 4)
$151,703
per year
Cost Index by Category
Housing161.7
Food125.9
Transportation151.8
Healthcare120.7
Utilities127.9
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 Lathrup Village is 145.9, which is 45.9% above the national average. Housing costs are above the national average at an index of 161.7. A single adult needs to earn approximately $64,182 per year to cover basic expenses.