Cost of Living in Lawrence, MI
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
66.9
100 = national avg
-33.1 vs national average
Living Wage (1 Adult)
$29,433
per year
Living Wage (Family of 4)
$69,568
per year
Cost Index by Category
Housing64.3
Food77.7
Transportation55.3
Healthcare82.1
Utilities79.4
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$774
per month
2 Bedroom
$1,016
per month
The overall cost of living index in Lawrence is 66.9, which is 33.1% below the national average. Housing costs are below the national average at an index of 64.3. A single adult needs to earn approximately $29,433 per year to cover basic expenses.