Cost of Living in Sylvan Lake, MI
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
147.9
100 = national avg
+47.9 vs national average
Living Wage (1 Adult)
$65,065
per year
Living Wage (Family of 4)
$153,791
per year
Cost Index by Category
Housing153.3
Food131.6
Transportation163.3
Healthcare125.3
Utilities129.6
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,122
per month
2 Bedroom
$1,411
per month
The overall cost of living index in Sylvan Lake is 147.9, which is 47.9% above the national average. Housing costs are above the national average at an index of 153.3. A single adult needs to earn approximately $65,065 per year to cover basic expenses.