Shoreham cost of living index

In the event that the cost of living data was unavailable for this city, estimates based upon nearby cities were used. Each cost of living index is based on a national average of 100. If the amount is below 100, it is lower than the national average. If the amount is above 100, it is higher than the national average.
IndexShorehamMichiganNational
Cost of living index9689100
IndexShorehamMichiganNational
Goods & Services index8994100
Groceries index9394100
Health care index97100100
Housing index10673100
Transportation index96101100
Utilities index9796100

Did you know?

  • The cost of living in Shoreham is 8% higher than the Michigan average.
  • The cost of living in Shoreham is 4% lower than the national average.
  • The cost of housing in Shoreham is 6% higher than the national average.
  • Michigan general sales tax is 18% higher than the national average.
  • Michigan state income tax is 91% higher than the national average.

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Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$75,625$6,302$1,764$2,269
Renters$77,750$6,479$1,814$2,333

Michigan Sales Tax

StateGeneral Sales TaxWith Max Surtax
Michigan6%6%

Michigan Income Tax

StateIncome Tax (Low)Income Tax (High)
Michigan4.25%4.25%

Goods & Services

ItemShorehamNational avg.Difference
Haircut $14.50$15.566.8%
Beauty Salon $28.88$36.1120.0%
Toothpaste $1.99$2.4719.4%
Shampoo $0.82$0.9614.7%
Movie $6.86$10.1332.3%
Bowling $3.29$4.7430.5%

Groceries

ItemShorehamNational avg.Difference
Ground Beef $3.52$3.9811.7%
Fried Chicken $1.39$1.411.2%
Milk $1.73$2.0616.2%
Potatoes $2.76$2.987.6%
Pizza $8.32$9.4712.1%
Beer $8.31$8.795.5%

Health Care

ItemShorehamNational avg.Difference
Optometrist $82.84$101.0418.0%
Doctor $104.08$107.443.1%
Dentist $90.31$90.420.1%
Ibuprofen $8.88$9.284.3%
Lipitor $420.76$426.501.3%

Housing

ItemShorehamNational avg.Difference
Home Price $178,100.00$175,700.001.4%
Avg. Mortgage Payment $910.87$1,133.2319.6%
Apartment Rent $1,069.00$920.0016.2%

Transportation

ItemShorehamNational avg.Difference
Gasoline $1.91$1.994.3%
Tire Balancing $43.76$45.764.4%

Utilities

ItemShorehamNational avg.Difference
All Electricity$135.84$163.8117.1%
Phone $32.99$28.3916.2%
Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

Nearby cities with low cost of living

City, StatePopulationCost of Living IndexNational Avg.
Benton Harbor, MI10,05676-24%
Benton Heights, MI4,46777-23%
Baroda, MI82481-19%
Watervliet, MI1,94981-19%
New Troy, MI55882-18%
Shoreham, MI83296-4%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Dugger, IN83280-20%
Waldoboro, ME83299-1%
Icehouse Canyon, AZ83295-5%
Altona, NY83290-10%
Ignacio, CO83295-5%
Shoreham, MI83296-4%
Source: The Shoreham, MI cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2016.