Cost of Living in Madison Heights, MI
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
106.9
100 = national avg
+6.9 vs national average
Living Wage (1 Adult)
$47,033
per year
Living Wage (Family of 4)
$111,169
per year
Cost Index by Category
Housing118.1
Food101.0
Transportation97.3
Healthcare100.8
Utilities104.2
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 Madison Heights is 106.9, which is 6.9% above the national average. Housing costs are above the national average at an index of 118.1. A single adult needs to earn approximately $47,033 per year to cover basic expenses.