Cost of Living in Three Lakes, MI
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
141.3
100 = national avg
+41.3 vs national average
Living Wage (1 Adult)
$62,164
per year
Living Wage (Family of 4)
$146,933
per year
Cost Index by Category
Housing137.3
Food130.9
Transportation161.8
Healthcare124.7
Utilities126.0
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 Three Lakes is 141.3, which is 41.3% above the national average. Housing costs are above the national average at an index of 137.3. A single adult needs to earn approximately $62,164 per year to cover basic expenses.