Okemos, MI Cost Of Living

The latest cost of living statistics for Okemos. Includes statistics on rent, mortgages, healthcare, and other costs for Okemos compared to the state and national averages.

Cost of living in Okemos, Michigan

Cost of living in Okemos research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Okemos is expensive. An index value below 100 means the city is a relatively cheap place to live.

On a city-by-city basis in Michigan, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:

107 Cost of living index 1.1x higher vs US
#156 Cheapest in Michigan (of 179)
#3,261 Cheapest in the U.S. (of 6,489)
$373,834 Median home value
$1,298 Median rent
$102,612 Median income
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What is the cost of living in Okemos, MI?

According to the most recent data on the cost of living, Okemos has an overall cost of living index of 107, which is 1.1x higher than the national index of 100.

Compared to Michigan, Okemos has a cost of living index that's 1.2x higher than Michigan's index of 91.

The standard of living in Okemos ranks as #156 most affordable out of the 179 places we measured in Michigan. By definition, that implies Okemos ranks as the #23 most expensive place in the Wolverine State.

For more reading on life in Okemos, check out:

Okemos Cost Of Living Vs. Michigan

Six factors go into calculating the cost of living index in Okemos. Here is how it fares on each of the criteria:

  • The Services index in Okemos is 96.

  • The Groceries index in Okemos is 100.

  • The Health index in Okemos is 135.

  • The Housing index in Okemos is 99.

  • The Transportation index in Okemos is 98.

  • The Utilities index in Okemos is 95.

Living Expense Okemos Michigan National Average
Overall 107 91 100
Services 96 97 100
Groceries 100 98 100
Health 135 75 100
Housing 99 98 100
Transportation 98 101 100
Utilities 95 98 100

Okemos Cost Of Living Compared To Michigan Averages

Services
Okemos 96
Michigan avg 97
Groceries
Okemos 100
Michigan avg 98
Health
Okemos 135
Michigan avg 75
Housing
Okemos 99
Michigan avg 98
Transportation
Okemos 98
Michigan avg 101
Utilities
Okemos 95
Michigan avg 98

Index where 100 = national average. Source: cost-of-living index 2026.

For more reading on cost of living around Michigan, check out:

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Source: Cost-of-living index 2026, normalized to US average = 100

Okemos, MI Housing Cost Breakdown

$373,834Median Home Value
$1,298Median Rent
$102,612Median Income

Housing swings affordability the most between places in Michigan, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2020-2024. The key points are:

  • The Median Home Value in Okemos is $373,834.

  • The Median Rent in Okemos is $1,298.

  • The Median Income in Okemos is $102,612.

  • The Home Value To Income in Okemos is 3.6x.

  • The Rent To Monthly Income in Okemos is 0.15x.

Statistic Okemos Michigan United States
Median Home Value $373,834 $259,857 $332,700
Median Rent $1,298 $1,129 $1,413
Median Income $102,612 $72,875 $80,734
Home Value To Income 3.6x 3.6x 4.1x
Rent To Monthly Income 0.15x 0.19x 0.21x

Okemos, MI Costs By Category

Detailed Okemos Services costs vs. Michigan
Item Okemos Michigan
Shampoo $1.4 $1.28
Movie $11.22 $12.13
Bowling $22.17 $18
Haircut $24.53 $24.26
Beauty Salon $56.27 $45.56
Detailed Okemos Groceries costs vs. Michigan
Item Okemos Michigan
Ground Beef $5.51 $5.84
Fried Chicken $1.69 $1.57
Milk $4.84 $4.67
Potatoes $4.77 $4.93
Pizza $10.99 $12.09
Beer $9.38 $10.41
Toothpaste $3.64 $3.7
Detailed Okemos Health costs vs. Michigan
Item Okemos Michigan
Optometrist $91.4 $125.68
Doctor $139.14 $135.78
Dentist $120.35 $113.29
Detailed Okemos Transportation costs vs. Michigan
Item Okemos Michigan
Gasoline $3.42 $3.46
Tire Balancing $60.57 $59.92
Detailed Okemos Utilities costs vs. Michigan
Item Okemos Michigan
All Electricity $180.47 $193.99
Phone $184.98 $192.25

Okemos SnackAbility

7.5Overall SnackAbility
Jobs 8/10
Housing 8.5/10
Affordability 8/10
Diversity 8.5/10
SafetyN/A
Amenities 8.5/10
Education 10/10
Commute 8.5/10

Cost Of Living In Cities Around Okemos

The cost of living varies in the cities and towns around Okemos. Here's a quick look at the cost of living in the most populous nearby places:

  • Lansing, MI has a cost of living index of 88, 0.8x Okemos.

  • East Lansing, MI has a cost of living index of 102, 1.0x Okemos.

  • Holt, MI has a cost of living index of 98, 0.9x Okemos.

City Population Cost Of Living Vs. Okemos
Lansing, MI 113,023 88 0.8x
East Lansing, MI 45,758 102 1.0x
Holt, MI 25,316 98 0.9x
Waverly, MI 23,575 99 0.9x
Haslett, MI 18,559 103 1.0x
Mason, MI 8,249 95 0.9x
Grand Ledge, MI 7,804 93 0.9x
Eaton Rapids, MI 5,183 89 0.8x