Sherman township (Isabella County), MI Cost of Living


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How much do I need to live in Sherman township (Isabella County), Michigan?
$2,130 / month
for a family, 60.6% less expensive than the national average A total of $25,560 for the year for a family.
$2,533 / month
for a single person, 46.9% less expensive than the national average A total of $30,400 for the year for a single person.

Sherman township (Isabella County) cost of living score
77.9
Less expensive
22.1% lower
than the US average
14.9% lower
than the Michigan average
Sherman township (Isabella County), Michigan gets a BestPlaces Cost of Living score of 77.9, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 22.1% lower than the U.S. average and 14.9% higher than the average for Michigan.

Sherman township (Isabella County), MI

Housing costs in Sherman township (Isabella County)?
A typical home costs $132,600, which is 60.8% less expensive than the national average of $338,100 and 39.4% less expensive than the average Michigan home, at $218,700. Renting a two-bedroom unit in Sherman township (Isabella County) costs $900 per month, which is 37.1% more than the national average of $1,430 and 22.2% more than the state average of $1,100.

Can I afford Sherman township (Isabella County)?
To live comfortably in Sherman township (Isabella County), Michigan, a minimum annual income of $25,560 for a family, and $30,400 for a single person is recommended.

What does A.I. say about Sherman township (Isabella County)?
Sherman Township (Isabella County), MI has a relatively low cost of living compared to the national average. The median home cost in the area is $88,100, which is significantly lower than the national median of $200,000. Additionally, utility costs such as electricity and heating are approximately 2% lower than the national average. Groceries and transportation costs are also cheaper than the average in Michigan, making Sherman Township an attractive place to live for those who are looking for an affordable place to call home.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesSherman township (Isabella County)MichiganUnited States
    Unlock91.5100.0
  92.2  Unlock100.0
    Unlock84.8100.0
  42.1  Unlock100.0
    Unlock$218,700$338,100
  98.2  Unlock100.0
    Unlock115.1100.0
  96.3  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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