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Newberry, MI vs Shaftsburg, MI

67
Newberry
Michigan
VS
-27.4%
92
Shaftsburg
Michigan

There is a significant gap in the cost of living between these two cities. Newberry is 27.4% cheaper than Shaftsburg. With a cost index of 67 vs 92, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Newberry to Shaftsburg should plan for substantially higher expenses across most categories.

When it comes to buying, median home values in Newberry are $65,800 compared to $235,900 in Shaftsburg, a 72% gap.

Median household income in Newberry is $49,758 compared to $90,054 in Shaftsburg (-44.7%). While Shaftsburg is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income.

Income & Cost

Cost of Living Index
Newberry
67
27% cheaper
Shaftsburg
92
Median Household Income
Newberry
$49,758
Shaftsburg
$90,054
45% higher

Housing

Median Rent
Newberry
$939
Shaftsburg
Median Home Value
Newberry
$65,800
72% cheaper
Shaftsburg
$235,900
Population
Newberry
1,453
Shaftsburg
498

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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