Cost of Living in Wolverine Lake, MI

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

Cost of Living Overview

Overall Index

141.8

100 = national avg

+41.8 vs national average

Living Wage (1 Adult)

$62,385

per year

Living Wage (Family of 4)

$147,456

per year

Cost Index by Category

Housing
170.6
Food
117.6
Transportation
135.2
Healthcare
114.1
Utilities
124.7

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$1,122

per month

2 Bedroom

$1,411

per month

The overall cost of living index in Wolverine Lake is 141.8, which is 41.8% above the national average. Housing costs are above the national average at an index of 170.6. A single adult needs to earn approximately $62,385 per year to cover basic expenses.