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Deerfield, MI vs Shelby, MI

71
Deerfield
Michigan
VS
+11.9%
64
Shelby
Michigan

Shelby is moderately more affordable than Deerfield, with a 11.9% lower cost of living index. Deerfield scores 71 compared to 64 for Shelby, where the US average is 100. This difference means residents of Deerfield can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Deerfield is $844/month compared to $682/month in Shelby — a 24% difference. Home values follow the same pattern: Shelby is more affordable at $124,000 median vs $159,200.

Median household income in Deerfield is $73,462 compared to $53,309 in Shelby (+37.8%). While Deerfield is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Deerfield spend roughly 13.8% of their income on rent, less than the 15.4% in Shelby.

Income & Cost

Cost of Living Index
Deerfield
71
Shelby
64
11% cheaper
Median Household Income
Deerfield
$73,462
27% higher
Shelby
$53,309

Housing

Median Rent
Deerfield
$844
Shelby
$682
19% cheaper
Median Home Value
Deerfield
$159,200
Shelby
$124,000
22% cheaper
Population
Deerfield
889
Shelby
2,571

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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