Cost of Living in Walloon Lake, MI
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
124.5
100 = national avg
+24.5 vs national average
Living Wage (1 Adult)
$54,797
per year
Living Wage (Family of 4)
$129,519
per year
Cost Index by Category
Housing131.7
Food114.4
Transportation128.8
Healthcare111.5
Utilities115.0
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$800
per month
2 Bedroom
$1,039
per month
The overall cost of living index in Walloon Lake is 124.5, which is 24.5% above the national average. Housing costs are above the national average at an index of 131.7. A single adult needs to earn approximately $54,797 per year to cover basic expenses.