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Kalkaska, MI vs Sheridan, MI

61
Kalkaska
Michigan
VS
-10.5%
68
Sheridan
Michigan

Kalkaska is moderately more affordable than Sheridan, with a 10.5% lower cost of living index. Kalkaska scores 61 compared to 68 for Sheridan, where the US average is 100. This difference means residents of Sheridan can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Kalkaska is $644/month compared to $777/month in Sheridan — a 17% difference. Home values follow the same pattern: Kalkaska is more affordable at $121,300 median vs $140,600.

Median household income in Kalkaska is $42,955 compared to $56,786 in Sheridan (-24.4%). While Sheridan is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Kalkaska spend roughly 18% of their income on rent, more than the 16.4% in Sheridan.

Income & Cost

Cost of Living Index
Kalkaska
61
10% cheaper
Sheridan
68
Median Household Income
Kalkaska
$42,955
Sheridan
$56,786
24% higher

Housing

Median Rent
Kalkaska
$644
17% cheaper
Sheridan
$777
Median Home Value
Kalkaska
$121,300
14% cheaper
Sheridan
$140,600
Population
Kalkaska
2,370
Sheridan
816

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Kalkaska $2.88
Sheridan $2.88
US $3.07
🥚
Eggs (grade A, large)
Kalkaska $2.35
Sheridan $2.35
US $2.50
🥛
Milk (whole)
Kalkaska $3.79
Sheridan $3.79
US $4.03
🍞
Bread (white)
Kalkaska $1.74
Sheridan $1.74
US $1.85
🍗
Chicken breast
Kalkaska $3.90
Sheridan $3.90
US $4.14
Electricity
Kalkaska $0.17
Sheridan $0.18
US $0.19