Cost of Living in Luna Pier, MI

Cost indexes, living wages, and fair market rents — 2024 Data

Cost of Living Overview

Overall Index

77.7

100 = national avg

-22.3 vs national average

Living Wage (1 Adult)

$34,192

per year

Living Wage (Family of 4)

$80,818

per year

Cost Index by Category

Housing
64.7
Food
89.6
Transportation
79.2
Healthcare
91.7
Utilities
86.7

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$1,011

per month

2 Bedroom

$1,326

per month

The overall cost of living index in Luna Pier is 77.7, which is 22.3% below the national average. Housing costs are below the national average at an index of 64.7. A single adult needs to earn approximately $34,192 per year to cover basic expenses.