Cost of Living in Reed City, MI
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
74.6
100 = national avg
-25.4 vs national average
Living Wage (1 Adult)
$32,803
per year
Living Wage (Family of 4)
$77,534
per year
Cost Index by Category
Housing62.1
Food87.2
Transportation74.4
Healthcare89.7
Utilities84.7
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$749
per month
2 Bedroom
$983
per month
The overall cost of living index in Reed City is 74.6, which is 25.4% below the national average. Housing costs are below the national average at an index of 62.1. A single adult needs to earn approximately $32,803 per year to cover basic expenses.