Cost of Living in Woodland, MI
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
73.8
100 = national avg
-26.2 vs national average
Living Wage (1 Adult)
$32,457
per year
Living Wage (Family of 4)
$76,717
per year
Cost Index by Category
Housing62.0
Food86.3
Transportation72.6
Healthcare89.0
Utilities84.2
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,017
per month
2 Bedroom
$1,334
per month
The overall cost of living index in Woodland is 73.8, which is 26.2% below the national average. Housing costs are below the national average at an index of 62.0. A single adult needs to earn approximately $32,457 per year to cover basic expenses.