Cost of Living in Morenci, MI
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
84.4
100 = national avg
-15.6 vs national average
Living Wage (1 Adult)
$37,148
per year
Living Wage (Family of 4)
$87,804
per year
Cost Index by Category
Housing70.7
Food94.7
Transportation89.3
Healthcare95.7
Utilities90.9
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$889
per month
2 Bedroom
$1,166
per month
The overall cost of living index in Morenci is 84.4, which is 15.6% below the national average. Housing costs are below the national average at an index of 70.7. A single adult needs to earn approximately $37,148 per year to cover basic expenses.