Cost of Living in Stanwood, MI
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
88.4
100 = national avg
-11.6 vs national average
Living Wage (1 Adult)
$38,909
per year
Living Wage (Family of 4)
$91,967
per year
Cost Index by Category
Housing87.9
Food89.2
Transportation95.2
Healthcare91.4
Utilities91.1
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$796
per month
2 Bedroom
$1,010
per month
The overall cost of living index in Stanwood is 88.4, which is 11.6% below the national average. Housing costs are below the national average at an index of 87.9. A single adult needs to earn approximately $38,909 per year to cover basic expenses.