Cost of Living in Peck, MI
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
81.8
100 = national avg
-18.2 vs national average
Living Wage (1 Adult)
$35,982
per year
Living Wage (Family of 4)
$85,047
per year
Cost Index by Category
Housing75.0
Food89.9
Transportation79.8
Healthcare91.9
Utilities88.9
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$742
per month
2 Bedroom
$973
per month
The overall cost of living index in Peck is 81.8, which is 18.2% below the national average. Housing costs are below the national average at an index of 75.0. A single adult needs to earn approximately $35,982 per year to cover basic expenses.