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Eau Claire, MI vs Shepherd, MI

68
Eau Claire
Michigan
VS
+0.6%
68
Shepherd
Michigan

Eau Claire, MI and Shepherd, MI have a very similar cost of living, with only a 0.6% difference in their overall index. Eau Claire scores 68 while Shepherd scores 68 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in Eau Claire is $861/month compared to $790/month in Shepherd — a 9% difference. Interestingly, home values tell a different story: while Shepherd has cheaper rent, Eau Claire actually has lower median home values ($130,000 vs $147,800).

Median household income in Eau Claire is $62,500 compared to $76,591 in Shepherd (-18.4%). Shepherd offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Eau Claire spend roughly 16.5% of their income on rent, more than the 12.4% in Shepherd.

Income & Cost

Cost of Living Index
Eau Claire
68
Shepherd
68
1% cheaper
Median Household Income
Eau Claire
$62,500
Shepherd
$76,591
18% higher

Housing

Median Rent
Eau Claire
$861
Shepherd
$790
8% cheaper
Median Home Value
Eau Claire
$130,000
12% cheaper
Shepherd
$147,800
Population
Eau Claire
507
Shepherd
1,438

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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