Cost of Living in Luther, MI
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
90.5
100 = national avg
-9.5 vs national average
Living Wage (1 Adult)
$39,815
per year
Living Wage (Family of 4)
$94,109
per year
Cost Index by Category
Housing87.7
Food94.4
Transportation88.9
Healthcare95.5
Utilities94.2
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$758
per month
2 Bedroom
$994
per month
The overall cost of living index in Luther is 90.5, which is 9.5% below the national average. Housing costs are below the national average at an index of 87.7. A single adult needs to earn approximately $39,815 per year to cover basic expenses.