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Colon, MI vs Shaftsburg, MI

66
Colon
Michigan
VS
-28.6%
92
Shaftsburg
Michigan

There is a significant gap in the cost of living between these two cities. Colon is 28.6% cheaper than Shaftsburg. With a cost index of 66 vs 92, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Colon to Shaftsburg should plan for substantially higher expenses across most categories.

When it comes to buying, median home values in Colon are $123,700 compared to $235,900 in Shaftsburg, a 48% gap.

Median household income in Colon is $53,750 compared to $90,054 in Shaftsburg (-40.3%). While Shaftsburg is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income.

Income & Cost

Cost of Living Index
Colon
66
29% cheaper
Shaftsburg
92
Median Household Income
Colon
$53,750
Shaftsburg
$90,054
40% higher

Housing

Median Rent
Colon
$745
Shaftsburg
Median Home Value
Colon
$123,700
48% cheaper
Shaftsburg
$235,900
Population
Colon
1,432
Shaftsburg
498

Salary Equivalency Calculator

What does your salary in one city buy you in the other?

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Everyday Prices

BLS Average Prices by metro area

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