Cost of Living in Sanford, MI

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

Cost of Living Overview

Overall Index

101.2

100 = national avg

+1.2 vs national average

Living Wage (1 Adult)

$44,526

per year

Living Wage (Family of 4)

$105,244

per year

Cost Index by Category

Housing
95.4
Food
103.2
Transportation
106.5
Healthcare
102.6
Utilities
101.0

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$925

per month

2 Bedroom

$1,193

per month

The overall cost of living index in Sanford is 101.2, which is 1.2% above the national average. Housing costs are below the national average at an index of 95.4. A single adult needs to earn approximately $44,526 per year to cover basic expenses.