Cost of Living in Vernon, MI

Cost indexes, living wages, and fair market rents — 2024 Data

Cost of Living Overview

Overall Index

100.9

100 = national avg

+0.9 vs national average

Living Wage (1 Adult)

$44,393

per year

Living Wage (Family of 4)

$104,929

per year

Cost Index by Category

Housing
99.0
Food
101.4
Transportation
102.9
Healthcare
101.1
Utilities
100.7

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$812

per month

2 Bedroom

$1,066

per month

The overall cost of living index in Vernon is 100.9, which is 0.9% above the national average. Housing costs are below the national average at an index of 99.0. A single adult needs to earn approximately $44,393 per year to cover basic expenses.