Cost of Living in Wayland, MI
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
110.4
100 = national avg
+10.4 vs national average
Living Wage (1 Adult)
$48,595
per year
Living Wage (Family of 4)
$114,861
per year
Cost Index by Category
Housing116.5
Food104.9
Transportation109.8
Healthcare103.9
Utilities106.2
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$966
per month
2 Bedroom
$1,267
per month
The overall cost of living index in Wayland is 110.4, which is 10.4% above the national average. Housing costs are above the national average at an index of 116.5. A single adult needs to earn approximately $48,595 per year to cover basic expenses.