Cost of Living in Posen, MI

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

Cost of Living Overview

Overall Index

67.1

100 = national avg

-32.9 vs national average

Living Wage (1 Adult)

$29,512

per year

Living Wage (Family of 4)

$69,757

per year

Cost Index by Category

Housing
45.4
Food
85.7
Transportation
71.4
Healthcare
88.6
Utilities
80.5

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$742

per month

2 Bedroom

$973

per month

The overall cost of living index in Posen is 67.1, which is 32.9% below the national average. Housing costs are below the national average at an index of 45.4. A single adult needs to earn approximately $29,512 per year to cover basic expenses.