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Shaftsburg, MI vs Shepherd, MI

92
Shaftsburg
Michigan
VS
+35.6%
68
Shepherd
Michigan

The cost of living difference between Shaftsburg, MI and Shepherd, MI is dramatic. Shepherd is 35.6% cheaper than Shaftsburg, a gap that translates to thousands of dollars per year in household expenses. Shaftsburg has a cost index of 92 while Shepherd sits at 68, making this one of the more striking comparisons on our site. Relocating between these cities would require a serious reassessment of budget and lifestyle expectations.

When it comes to buying, median home values in Shaftsburg are $235,900 compared to $147,800 in Shepherd, a 60% gap.

Median household income in Shaftsburg is $90,054 compared to $76,591 in Shepherd (+17.6%). Shaftsburg does offer higher incomes, but the salary premium barely offsets the higher cost of living, leaving residents with a tighter budget.

Income & Cost

Cost of Living Index
Shaftsburg
92
Shepherd
68
26% cheaper
Median Household Income
Shaftsburg
$90,054
15% higher
Shepherd
$76,591

Housing

Median Rent
Shaftsburg
Shepherd
$790
Median Home Value
Shaftsburg
$235,900
Shepherd
$147,800
37% cheaper
Population
Shaftsburg
498
Shepherd
1,438

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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