Cost of Living in Parkdale, MI
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
77.2
100 = national avg
-22.8 vs national average
Living Wage (1 Adult)
$33,951
per year
Living Wage (Family of 4)
$80,247
per year
Cost Index by Category
Housing79.0
Food83.1
Transportation66.2
Healthcare86.5
Utilities85.6
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$799
per month
2 Bedroom
$1,048
per month
The overall cost of living index in Parkdale is 77.2, which is 22.8% below the national average. Housing costs are below the national average at an index of 79.0. A single adult needs to earn approximately $33,951 per year to cover basic expenses.