Cost of Living in Shaftsburg, MI
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
130.1
100 = national avg
+30.1 vs national average
Living Wage (1 Adult)
$57,238
per year
Living Wage (Family of 4)
$135,290
per year
Cost Index by Category
Housing136.0
Food118.8
Transportation137.7
Healthcare115.1
Utilities118.5
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$812
per month
2 Bedroom
$1,066
per month
The overall cost of living index in Shaftsburg is 130.1, which is 30.1% above the national average. Housing costs are above the national average at an index of 136.0. A single adult needs to earn approximately $57,238 per year to cover basic expenses.