Cost of Living in Painesdale, MI
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
78.6
100 = national avg
-21.4 vs national average
Living Wage (1 Adult)
$34,594
per year
Living Wage (Family of 4)
$81,767
per year
Cost Index by Category
Housing47.7
Food97.7
Transportation95.4
Healthcare98.2
Utilities88.2
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$800
per month
2 Bedroom
$973
per month
The overall cost of living index in Painesdale is 78.6, which is 21.4% below the national average. Housing costs are below the national average at an index of 47.7. A single adult needs to earn approximately $34,594 per year to cover basic expenses.