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Oden, MI vs Shepherd, MI

83
Oden
Michigan
VS
+22.4%
68
Shepherd
Michigan

There is a significant gap in the cost of living between these two cities. Shepherd is 22.4% cheaper than Oden. With a cost index of 68 vs 83, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Shepherd to Oden should plan for substantially higher expenses across most categories.

When it comes to buying, median home values in Oden are $123,000 compared to $147,800 in Shepherd, a 17% gap.

Median household income in Oden is $61,132 compared to $76,591 in Shepherd (-20.2%). Shepherd offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power.

Income & Cost

Cost of Living Index
Oden
83
Shepherd
68
18% cheaper
Median Household Income
Oden
$61,132
Shepherd
$76,591
20% higher

Housing

Median Rent
Oden
Shepherd
$790
Median Home Value
Oden
$123,000
17% cheaper
Shepherd
$147,800
Population
Oden
492
Shepherd
1,438

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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