Cost of Living in Sterling, MI
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
84.6
100 = national avg
-15.4 vs national average
Living Wage (1 Adult)
$37,232
per year
Living Wage (Family of 4)
$88,004
per year
Cost Index by Category
Housing70.7
Food94.9
Transportation89.8
Healthcare95.9
Utilities91.1
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$742
per month
2 Bedroom
$973
per month
The overall cost of living index in Sterling is 84.6, which is 15.4% below the national average. Housing costs are below the national average at an index of 70.7. A single adult needs to earn approximately $37,232 per year to cover basic expenses.