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Millington, MI vs Sherwood, MI

69
Millington
Michigan
VS
+12.2%
61
Sherwood
Michigan

Sherwood is moderately more affordable than Millington, with a 12.2% lower cost of living index. Millington scores 69 compared to 61 for Sherwood, where the US average is 100. This difference means residents of Millington can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Millington is $908/month compared to $738/month in Sherwood — a 23% difference. Home values follow the same pattern: Sherwood is more affordable at $72,500 median vs $117,700.

Median household income in Millington is $56,339 compared to $56,645 in Sherwood (-0.5%). Sherwood offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Millington spend roughly 19.3% of their income on rent, more than the 15.6% in Sherwood.

Income & Cost

Cost of Living Index
Millington
69
Sherwood
61
11% cheaper
Median Household Income
Millington
$56,339
Sherwood
$56,645
1% higher

Housing

Median Rent
Millington
$908
Sherwood
$738
19% cheaper
Median Home Value
Millington
$117,700
Sherwood
$72,500
38% cheaper
Population
Millington
1,151
Sherwood
388

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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