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Shepherd, MI vs Thompsonville, MI

68
Shepherd
Michigan
VS
+9.1%
62
Thompsonville
Michigan

Thompsonville is moderately more affordable than Shepherd, with a 9.1% lower cost of living index. Shepherd scores 68 compared to 62 for Thompsonville, where the US average is 100. This difference means residents of Shepherd can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Shepherd is $790/month compared to $731/month in Thompsonville — a 8% difference. Home values follow the same pattern: Thompsonville is more affordable at $100,700 median vs $147,800.

Median household income in Shepherd is $76,591 compared to $62,083 in Thompsonville (+23.4%). While Shepherd is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Shepherd spend roughly 12.4% of their income on rent, less than the 14.1% in Thompsonville.

Income & Cost

Cost of Living Index
Shepherd
68
Thompsonville
62
8% cheaper
Median Household Income
Shepherd
$76,591
19% higher
Thompsonville
$62,083

Housing

Median Rent
Shepherd
$790
Thompsonville
$731
7% cheaper
Median Home Value
Shepherd
$147,800
Thompsonville
$100,700
32% cheaper
Population
Shepherd
1,438
Thompsonville
508

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Shepherd $2.88
Thompsonville $2.88
US $3.07
🥚
Eggs (grade A, large)
Shepherd $2.35
Thompsonville $2.35
US $2.50
🥛
Milk (whole)
Shepherd $3.79
Thompsonville $3.79
US $4.03
🍞
Bread (white)
Shepherd $1.74
Thompsonville $1.74
US $1.85
🍗
Chicken breast
Shepherd $3.90
Thompsonville $3.90
US $4.14
Electricity
Shepherd $0.18
Thompsonville $0.17
US $0.19