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Cost of Living in Wakefield, MI

54.8
Very Affordable · National average is 100

Compare Cities

$41,837
Median Income
$569/mo
Median Rent
$61,500
Median Home
1,554
Population

Cost Breakdown

🏠Housing
60.5
0Nat'l Avg (100)200
🛒Groceries
55.7
0Nat'l Avg (100)200
🚗Transportation
55.2
0Nat'l Avg (100)200
🏥Healthcare
54.8
0Nat'l Avg (100)200
⚡Utilities
56.5
0Nat'l Avg (100)200

Fair Market Rents (HUD)

Some values estimated
Studio1 BR2 BR3 BR4 BR
$444
est.
$501
est.
$569$728
est.
$831
est.

Est. values are derived from the census median rent using national HUD bedroom ratios. Actual HUD Fair Market Rents may differ.

Nearby Cities

Compare Wakefield with cities in the area

Bessemer, MI
Very Affordable
55.2
Ironwood, MI
Very Affordable
53.2
Hurley, WI
Very Affordable
55.5
Ontonagon, MI
Very Affordable
55.9
Park Falls, WI
Very Affordable
61.3
Eagle River, WI
Very Affordable
73.4
Compare Wakefield vs BessemerCompare Wakefield vs IronwoodCompare Wakefield vs Hurley