Cost of Living in Otsego, MI
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
111.5
100 = national avg
+11.5 vs national average
Living Wage (1 Adult)
$49,076
per year
Living Wage (Family of 4)
$115,997
per year
Cost Index by Category
Housing110.0
Food108.8
Transportation117.6
Healthcare107.0
Utilities107.3
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$966
per month
2 Bedroom
$1,267
per month
The overall cost of living index in Otsego is 111.5, which is 11.5% above the national average. Housing costs are above the national average at an index of 110.0. A single adult needs to earn approximately $49,076 per year to cover basic expenses.