Cost of Living in Shepherd, MI
Population: 1,438 | Michigan
68
Cost of Living Index
US Average = 100
Shepherd is 32% less expensive than the national average.
60
Housing
48
Home Values
91
Regional Price
Income
- Median Household Income
- $76,591
- vs US Median ($75,149)
- +2%
Housing
- Median Rent
- $790/mo
- Median Home Value
- $147,800
- Median Monthly Housing Cost
- $963/mo
Everyday Prices in Shepherd
BLS Average Prices for the Midland, 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
-5% vs US