Cost of Living in Paw Paw Lake, MI

Cost indexes, living wages, and fair market rents — 2024 Data

Cost of Living Overview

Overall Index

106.0

100 = national avg

+6.0 vs national average

Living Wage (1 Adult)

$46,621

per year

Living Wage (Family of 4)

$110,196

per year

Cost Index by Category

Housing
116.2
Food
100.0
Transportation
99.9
Healthcare
100.0
Utilities
103.2

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$902

per month

2 Bedroom

$1,184

per month

The overall cost of living index in Paw Paw Lake is 106.0, which is 6.0% above the national average. Housing costs are above the national average at an index of 116.2. A single adult needs to earn approximately $46,621 per year to cover basic expenses.