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Athens, MI vs Sherwood, MI

69
Athens
Michigan
VS
+12.9%
61
Sherwood
Michigan

Sherwood is moderately more affordable than Athens, with a 12.9% lower cost of living index. Athens scores 69 compared to 61 for Sherwood, where the US average is 100. This difference means residents of Athens can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Athens is $876/month compared to $738/month in Sherwood — a 19% difference. Home values follow the same pattern: Sherwood is more affordable at $72,500 median vs $141,800.

Median household income in Athens is $58,438 compared to $56,645 in Sherwood (+3.2%). Athens does offer higher incomes, but the salary premium barely offsets the higher cost of living, leaving residents with a tighter budget. Looking at affordability, residents of Athens spend roughly 18% of their income on rent, more than the 15.6% in Sherwood.

Income & Cost

Cost of Living Index
Athens
69
Sherwood
61
11% cheaper
Median Household Income
Athens
$58,438
3% higher
Sherwood
$56,645

Housing

Median Rent
Athens
$876
Sherwood
$738
16% cheaper
Median Home Value
Athens
$141,800
Sherwood
$72,500
49% cheaper
Population
Athens
1,149
Sherwood
388

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Athens $2.88
Sherwood
US $3.07
🥚
Eggs (grade A, large)
Athens $2.35
Sherwood
US $2.50
🥛
Milk (whole)
Athens $3.79
Sherwood
US $4.03
🍞
Bread (white)
Athens $1.74
Sherwood
US $1.85
🍗
Chicken breast
Athens $3.90
Sherwood
US $4.14
Electricity
Athens $0.18
Sherwood
US $0.19