Cost of Living in Owendale, MI
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
87.2
100 = national avg
-12.8 vs national average
Living Wage (1 Adult)
$38,388
per year
Living Wage (Family of 4)
$90,736
per year
Cost Index by Category
Housing75.5
Food95.9
Transportation91.7
Healthcare96.7
Utilities92.6
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$806
per month
2 Bedroom
$973
per month
The overall cost of living index in Owendale is 87.2, which is 12.8% below the national average. Housing costs are below the national average at an index of 75.5. A single adult needs to earn approximately $38,388 per year to cover basic expenses.