Cost of Living in St. Ignace, MI

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

Cost of Living Overview

Overall Index

86.5

100 = national avg

-13.5 vs national average

Living Wage (1 Adult)

$38,059

per year

Living Wage (Family of 4)

$89,957

per year

Cost Index by Category

Housing
72.1
Food
96.4
Transportation
92.8
Healthcare
97.1
Utilities
92.3

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$780

per month

2 Bedroom

$1,023

per month

The overall cost of living index in St. Ignace is 86.5, which is 13.5% below the national average. Housing costs are below the national average at an index of 72.1. A single adult needs to earn approximately $38,059 per year to cover basic expenses.