Cost of Living in Okemos, MI
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
147.4
100 = national avg
+47.4 vs national average
Living Wage (1 Adult)
$64,850
per year
Living Wage (Family of 4)
$153,281
per year
Cost Index by Category
Housing168.9
Food124.6
Transportation149.2
Healthcare119.7
Utilities128.5
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,012
per month
2 Bedroom
$1,268
per month
The overall cost of living index in Okemos is 147.4, which is 47.4% above the national average. Housing costs are above the national average at an index of 168.9. A single adult needs to earn approximately $64,850 per year to cover basic expenses.