Cost of Living in Mackinac Island, MI
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
179.8
100 = national avg
+79.8 vs national average
Living Wage (1 Adult)
$79,103
per year
Living Wage (Family of 4)
$186,970
per year
Cost Index by Category
Housing251.8
Food126.5
Transportation153.1
Healthcare121.2
Utilities146.3
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$780
per month
2 Bedroom
$1,023
per month
The overall cost of living index in Mackinac Island is 179.8, which is 79.8% above the national average. Housing costs are above the national average at an index of 251.8. A single adult needs to earn approximately $79,103 per year to cover basic expenses.