Cost of Living in Stony Point, MI
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
98.5
100 = national avg
-1.5 vs national average
Living Wage (1 Adult)
$43,333
per year
Living Wage (Family of 4)
$102,424
per year
Cost Index by Category
Housing110.9
Food93.8
Transportation87.5
Healthcare95.0
Utilities98.4
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,011
per month
2 Bedroom
$1,326
per month
The overall cost of living index in Stony Point is 98.5, which is 1.5% below the national average. Housing costs are above the national average at an index of 110.9. A single adult needs to earn approximately $43,333 per year to cover basic expenses.