Cost of Living in Shields, MI

Population 7,276 · Michigan · Data vintage 2023

63
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Buyers in Shields can reasonably expect a home to cost less than three years of household income — $173,000 against $83,986 in typical earnings — a ratio that has collapsed to 5:1 or worse in much of the country.

Shields is about 55 miles northeast of Lansing, the nearest large metro — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 45% higher than Lansing's $119,000.

Cost Overview

Housing 57
Rent 71

Scale: 100 = US national average. Green < 90, Red > 110.

About the Cost of Living in Shields

The median home value in Shields is $173,300 — 43% below the national median of $305,000. Median rent runs $937/month, 29% lower than the national median of $1,314/month. The median household income of $83,986/year is 13% higher than the US median of $74,580. The local unemployment rate is 4.1%, below the national average of 4.8%. Michigan's top state income tax rate is 4.3% and the combined sales tax is 6.0%. The climate averages highs of 56.9°F and lows of 39.1°F, with about 49" of annual snowfall. Overall, Shields has a cost of living index of 63 versus the US average of 100, meaning it is 37% less expensive.

🏠 Housing

Median Home Value
$173,300
43% below avg
Median Rent
$937/mo
29% below avg
Price-to-Rent Ratio
15.4x
Favors buying
Property Tax Rate
1.5%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$707
1 BR
$780
2 BR
$962
3 BR
$1,290
4 BR
$1,444
Owner-occupied 83.4%
Renter-occupied 16.6%

💰 Estimated Monthly Budget

Rent median rent
$937
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,551/mo

Estimates based on median data and national averages. Actual costs vary.

🛒 Food & Groceries

National BLS average prices (2023). Local prices may vary.

🥚
Eggs (dozen)
$0.548
🍞
White Bread (lb)
$1.912
🥩
Ground Beef (lb)
$5.61

🚗 Transportation

Avg Commute
24.4 min
10% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
7.9%

Commute Mode

Drove alone
86.6%
Carpooled
3.6%
Walked
1.9%
Work from home
7.9%

Utilities

Electricity
$0.176/kWh
0% below avg

📋 Taxes

State Income Tax (flat) 4.3%
Total Sales Tax 6.0%
State rate 6.0%
Avg local rate 0.0%
Property Tax 1.5%

💼 Income & Employment

Median Household Income
$83,986
13% above avg
Per Capita Income
$42,082
Unemployment Rate
4.1%
15% below avg
Poverty Rate
13.2%
Labor Force Participation
54.3%

🎓 Education

Bachelor's degree+ 15.5%
Graduate degree 16.5%

👥 Demographics

Median Age 48.6
Male median age 47.1
Female median age 51.3

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
56.9°F
Avg Low
39.1°F
Annual Precip
32.1"
Annual Snowfall
49"
10° 30° 50° 70° 90° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 303242566979828073604635
Low °F 161726364858615952413223
Precip" 1.921.772.023.193.413.282.833.852.812.912.281.85
Snow" 13.911.46.02.40.00.00.00.00.00.23.311.8

Frequently Asked Questions

What is the cost of living in Shields, MI?

Shields has a cost index of 63 (100 = national average). It is 37% below the national average.

What is average rent in Shields, MI?

The median gross rent in Shields is $937 per month based on 2023 Census data.

What is the average home price in Shields?

The median home value in Shields is $173,300 according to 2023 Census ACS data.

What is the median income in Shields?

The median household income in Shields is $83,986 per year (2023 ACS 5-year estimates).

What is the sales tax in Shields, MI?

The combined state and local sales tax rate in Shields is 6.0%. The Michigan state income tax top rate is 4.3%.

Is Shields, MI affordable?

Yes, Shields is generally considered affordable, with a cost of living index of 63 — about 37% below the US national average of 100.

What is the weather like in Shields?

Shields has average high temperatures of 56.9°F and average lows of 39.1°F. Annual precipitation is 32.1". Average annual snowfall is 49". Data from NOAA 1991–2020 Climate Normals.

Shields at a Glance

Population
7,276
Median Income
$83,986
Home Value
$173,300
Median Rent
$937/mo
Unemployment
4.1%
Avg High Temp
56.9°F
Sales Tax
6.0%
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Explore county-level cost of living data

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