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Sheridan, MI vs Watersmeet, MI

68
Sheridan
Michigan
VS
-12.9%
78
Watersmeet
Michigan

Sheridan is moderately more affordable than Watersmeet, with a 12.9% lower cost of living index. Sheridan scores 68 compared to 78 for Watersmeet, where the US average is 100. This difference means residents of Watersmeet can expect to pay noticeably more for everyday expenses, housing, and services.

When it comes to buying, median home values in Sheridan are $140,600 compared to $68,500 in Watersmeet, a 105% gap.

Median household income in Sheridan is $56,786 compared to $60,708 in Watersmeet (-6.5%). The higher salaries in Watersmeet partially offset the cost difference, but don't fully close the gap.

Income & Cost

Cost of Living Index
Sheridan
68
13% cheaper
Watersmeet
78
Median Household Income
Sheridan
$56,786
Watersmeet
$60,708
6% higher

Housing

Median Rent
Sheridan
$777
Watersmeet
Median Home Value
Sheridan
$140,600
Watersmeet
$68,500
51% cheaper
Population
Sheridan
816
Watersmeet
273

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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