Cost of Living in Wedgewood, MI
Population: 273 | Michigan
Wedgewood is 3% less expensive than the national average.
Cost of Living in Wedgewood, MI: What You Need to Know
With a cost of living index of 97, Wedgewood, MI is slightly more affordable than average. Living here is 3% cheaper than the national average and 19% above the Michigan state average of 78. Wedgewood is a small community of 273 residents.
The median household income in Wedgewood is $133,125, which is 77% higher than the national median of $75,149.
Data sources: US Census Bureau (ACS 2023), Zillow Home Values, HUD Fair Market Rents, BEA Regional Price Parities, BLS Average Prices, and NOAA Climate Normals. Updated monthly.
Income
- Median Household Income
- $133,125
- vs US Median ($75,149)
- +77%
Housing
- Median Home Value
- $300,000
- Median Monthly Housing Cost
- $1,667/mo