Sherman township (Mason County), MI Cost of Living


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How much do I need to live in Sherman township (Mason County), Michigan?
$2,280 / month
for a family, 57.8% less expensive than the national average A total of $27,360 for the year for a family.
$2,233 / month
for a single person, 53.2% less expensive than the national average A total of $26,800 for the year for a single person.

Sherman township (Mason County) cost of living score
78.7
Less expensive
21.3% lower
than the US average
14.0% lower
than the Michigan average
Sherman township (Mason County), Michigan gets a BestPlaces Cost of Living score of 78.7, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 21.3% lower than the U.S. average and 14.0% higher than the average for Michigan.

Sherman township (Mason County), MI

Housing costs in Sherman township (Mason County)?
A typical home costs $143,500, which is 57.6% less expensive than the national average of $338,100 and 34.4% less expensive than the average Michigan home, at $218,700. Renting a two-bedroom unit in Sherman township (Mason County) costs $890 per month, which is 37.8% more than the national average of $1,430 and 23.6% more than the state average of $1,100.

Can I afford Sherman township (Mason County)?
To live comfortably in Sherman township (Mason County), Michigan, a minimum annual income of $27,360 for a family, and $26,800 for a single person is recommended.

What does A.I. say about Sherman township (Mason County)?
The cost of living in Sherman Township (Mason County), MI is quite reasonable compared to other areas in the state. The median home cost is just over $100,000, with local goods and services costing 9.7% less than the national average. Additionally, taxes are relatively low, with the town having a combined tax rate of just 6.86%. This is lower than what you'd find in many other parts of Michigan, making it an attractive place for those looking for a more affordable lifestyle.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesSherman township (Mason County)MichiganUnited States
    Unlock91.5100.0
  89.9  Unlock100.0
    Unlock84.8100.0
  29.4  Unlock100.0
    Unlock$218,700$338,100
  98.0  Unlock100.0
    Unlock115.1100.0
  92.5  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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