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Harrisville, MI vs Shepherd, MI

63
Harrisville
Michigan
VS
-7.5%
68
Shepherd
Michigan

Harrisville is moderately more affordable than Shepherd, with a 7.5% lower cost of living index. Harrisville scores 63 compared to 68 for Shepherd, where the US average is 100. This difference means residents of Shepherd can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Harrisville is $689/month compared to $790/month in Shepherd — a 13% difference. Home values follow the same pattern: Harrisville is more affordable at $108,700 median vs $147,800.

Median household income in Harrisville is $36,089 compared to $76,591 in Shepherd (-52.9%). While Shepherd is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Harrisville spend roughly 22.9% of their income on rent, more than the 12.4% in Shepherd.

Income & Cost

Cost of Living Index
Harrisville
63
8% cheaper
Shepherd
68
Median Household Income
Harrisville
$36,089
Shepherd
$76,591
53% higher

Housing

Median Rent
Harrisville
$689
13% cheaper
Shepherd
$790
Median Home Value
Harrisville
$108,700
26% cheaper
Shepherd
$147,800
Population
Harrisville
484
Shepherd
1,438

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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