Housing costs in Sheridan?
A typical home costs
$172,300, which is 49.0% less expensive than the national average of
$338,100 and 21.2% less expensive than the average Michigan home, at
$218,700. Renting a two-bedroom unit in Sheridan costs
$940 per month, which is 34.3% cheaper than the national average of
$1,430 and 17.0% cheaper than the state average of
$1,100.
Can I afford Sheridan?
To live comfortably in Sheridan (zip 48884), Michigan, a minimum annual income of
$33,120 for a family, and
$30,800 for a single person is recommended.
What does A.I. say about Sheridan?
Living in 48884 Sheridan, MI is relatively affordable. According to BestPlaces's Cost of Living Database, the total cost of living is about 13% lower than the average U.S. city. Prices for food are much more affordable than the national average, with groceries costing about 15% lower and restaurant prices coming in at around 10% lower. Additionally, housing in 48884 Sheridan is notably cheaper than other parts of Michigan, with prices for rent coming in at about 20% lower than the state's average. The overall cost of living is also reasonably low, making it a great place to live for those looking to save money while still enjoying all that this small town has to offer.