Cost of Living in Leonard, MI
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
132.2
100 = national avg
+32.2 vs national average
Living Wage (1 Adult)
$58,186
per year
Living Wage (Family of 4)
$137,531
per year
Cost Index by Category
Housing139.6
Food119.7
Transportation139.5
Healthcare115.8
Utilities119.8
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 Leonard is 132.2, which is 32.2% above the national average. Housing costs are above the national average at an index of 139.6. A single adult needs to earn approximately $58,186 per year to cover basic expenses.