Cost of Living in Ontonagon, 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)
$31,371
per year
Living Wage (Family of 4)
$74,150
per year
Cost Index by Category
Housing56.6
Food85.8
Transportation71.6
Healthcare88.6
Utilities82.8
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$888
per month
2 Bedroom
$973
per month
The overall cost of living index in Ontonagon is 71.3, which is 28.7% below the national average. Housing costs are below the national average at an index of 56.6. A single adult needs to earn approximately $31,371 per year to cover basic expenses.