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Hudson, MI vs Sheridan, MI

70
Hudson
Michigan
VS
+2.3%
68
Sheridan
Michigan

Hudson, MI and Sheridan, MI have a very similar cost of living, with only a 2.3% difference in their overall index. Hudson scores 70 while Sheridan 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 Hudson is $942/month compared to $777/month in Sheridan — a 21% difference. Interestingly, home values tell a different story: while Sheridan has cheaper rent, Hudson actually has lower median home values ($103,100 vs $140,600).

Median household income in Hudson is $57,500 compared to $56,786 in Sheridan (+1.3%). The higher salaries in Hudson partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Hudson spend roughly 19.7% of their income on rent, more than the 16.4% in Sheridan.

Income & Cost

Cost of Living Index
Hudson
70
Sheridan
68
2% cheaper
Median Household Income
Hudson
$57,500
1% higher
Sheridan
$56,786

Housing

Median Rent
Hudson
$942
Sheridan
$777
18% cheaper
Median Home Value
Hudson
$103,100
27% cheaper
Sheridan
$140,600
Population
Hudson
2,385
Sheridan
816

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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