Cost of Living in Mio, MI
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
71.3
100 = national avg
-28.7 vs national average
Living Wage (1 Adult)
$31,368
per year
Living Wage (Family of 4)
$74,142
per year
Cost Index by Category
Housing55.2
Food86.4
Transportation72.7
Healthcare89.1
Utilities82.9
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$742
per month
2 Bedroom
$973
per month
The overall cost of living index in Mio is 71.3, which is 28.7% below the national average. Housing costs are below the national average at an index of 55.2. A single adult needs to earn approximately $31,368 per year to cover basic expenses.