Shields, MI Cost of Living


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Shields cost of living score
79.2
Less expensive
20.8% lower
than the US average
13.4% lower
than the Michigan average
Shields, Michigan gets a BestPlaces Cost of Living score of 79.2, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 20.8% lower than the U.S. average and 13.4% higher than the average for Michigan.

Shields, MI

Housing costs in Shields?
A typical home costs $153,100, which is 54.7% less expensive than the national average of $338,100 and 30.0% less expensive than the average Michigan home, at $218,700. Renting a two-bedroom unit in Shields costs $860 per month, which is 39.9% cheaper than the national average of $1,430 and 27.9% cheaper than the state average of $1,100.

Can I afford Shields?
To live comfortably in Shields, Michigan, a minimum annual income of $29,160 for a family, and $26,000 for a single person is recommended.

What does A.I. say about Shields?
Living in Shields, MI is very affordable. The cost of living index is 12% lower than the United States average, making it a great place to live for people with a budget. The median home price in Shields is $102,700 and has remained relatively stable over the past few years. Utilities are also very reasonable, with energy costs falling around 6% below the national average. The overall cost of living is low enough that most residents can enjoy a comfortable lifestyle without breaking their budget.
   Cost of living score
     CategoriesShieldsMichiganUnited States
  79.291.5100.0
  93.193.4100
  88.784.8100.0
  53.171.2100.0
  $153,100$218,700$338,100
  99.5%100.1%100.0%
  100.6115.1100.0
  95.695.9100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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