Cost of Living in Ludington, MI
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
84.5
100 = national avg
-15.5 vs national average
Living Wage (1 Adult)
$37,175
per year
Living Wage (Family of 4)
$87,869
per year
Cost Index by Category
Housing96.6
Food84.0
Transportation68.0
Healthcare87.2
Utilities89.7
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$816
per month
2 Bedroom
$1,026
per month
The overall cost of living index in Ludington is 84.5, which is 15.5% below the national average. Housing costs are below the national average at an index of 96.6. A single adult needs to earn approximately $37,175 per year to cover basic expenses.