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Cost of Living in Shaftsburg, MI

Population: 498 | Michigan

92
Cost of Living Index
US Average = 100

Shaftsburg is 8% less expensive than the national average.

100
Housing
77
Home Values
93
Regional Price

Cost of Living in Shaftsburg, MI: What You Need to Know

With a cost of living index of 92, Shaftsburg, MI is slightly more affordable than average. Living here is 8% cheaper than the national average and 14% above the Michigan state average of 78. Shaftsburg is a small community of 498 residents.

The median household income in Shaftsburg is $90,054, which is 20% higher than the national median of $75,149.

Everyday prices in the Lansing-East Lansing, MI (Metropolitan Statistical Area) metro area are generally below the national average. Out of 6 common items tracked by the Bureau of Labor Statistics, 6 are priced lower than the US average. These real-world prices — from groceries to electricity — add up and should be factored into any cost of living comparison.

Data sources: US Census Bureau (ACS 2023), Zillow Home Values, HUD Fair Market Rents, BEA Regional Price Parities, BLS Average Prices, and NOAA Climate Normals. Updated monthly.

Income

Median Household Income
$90,054
vs US Median ($75,149)
+20%

Housing

Median Home Value
$235,900
Median Monthly Housing Cost
$1,125/mo

Everyday Prices in Shaftsburg

BLS Average Prices for the Lansing-East Lansing, MI (Metropolitan Statistical Area) area

$2.88
Gasoline (regular)
per gallon
-6% vs US
🥚
$2.35
Eggs (grade A, large)
per dozen
-6% vs US
🥛
$3.79
Milk (whole)
per gallon
-6% vs US
🍞
$1.74
Bread (white)
per lb
-6% vs US
🍗
$3.90
Chicken breast
per lb
-6% vs US
$0.18
Electricity
per kWh
-6% vs US

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