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Manchester, MI vs Sheridan, MI

77
Manchester
Michigan
VS
+13.2%
68
Sheridan
Michigan

Sheridan is moderately more affordable than Manchester, with a 13.2% lower cost of living index. Manchester scores 77 compared to 68 for Sheridan, where the US average is 100. This difference means residents of Manchester can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Manchester is $815/month compared to $777/month in Sheridan — a 5% difference. Home values follow the same pattern: Sheridan is more affordable at $140,600 median vs $222,700.

Median household income in Manchester is $81,393 compared to $56,786 in Sheridan (+43.3%). While Manchester is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Manchester spend roughly 12% of their income on rent, less than the 16.4% in Sheridan.

Income & Cost

Cost of Living Index
Manchester
77
Sheridan
68
12% cheaper
Median Household Income
Manchester
$81,393
30% higher
Sheridan
$56,786

Housing

Median Rent
Manchester
$815
Sheridan
$777
5% cheaper
Median Home Value
Manchester
$222,700
Sheridan
$140,600
37% cheaper
Population
Manchester
2,375
Sheridan
816

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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