Sheridan, AR Cost Of Living

The latest cost of living statistics for Sheridan. Includes statistics on rent, mortgages, healthcare, and other costs for Sheridan compared to the state and national averages.

Cost of living in Sheridan, Arkansas

Cost of living in Sheridan research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Sheridan is expensive. An index value below 100 means the city is a relatively cheap place to live.

On a city-by-city basis in Arkansas, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:

92 Cost of living index 0.9x lower vs US
#50 Cheapest in Arkansas (of 70)
#1,359 Cheapest in the U.S. (of 6,489)
$218,332 Median home value
$780 Median rent
$62,453 Median income
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What is the cost of living in Sheridan, AR?

According to the most recent data on the cost of living, Sheridan has an overall cost of living index of 92, which is 0.9x lower than the national index of 100.

Compared to Arkansas, Sheridan has a cost of living index that's 1.1x higher than Arkansas's index of 85.

The standard of living in Sheridan ranks as #50 most affordable out of the 70 places we measured in Arkansas. By definition, that implies Sheridan ranks as the #20 most expensive place in the Natural State.

For more reading on life in Sheridan, check out:

Sheridan Cost Of Living Vs. Arkansas

Six factors go into calculating the cost of living index in Sheridan. Here is how it fares on each of the criteria:

  • The Services index in Sheridan is 98.

  • The Groceries index in Sheridan is 97.

  • The Health index in Sheridan is 82.

  • The Housing index in Sheridan is 92.

  • The Transportation index in Sheridan is 95.

  • The Utilities index in Sheridan is 97.

Living Expense Sheridan Arkansas National Average
Overall 92 85 100
Services 98 95 100
Groceries 97 93 100
Health 82 68 100
Housing 92 96 100
Transportation 95 92 100
Utilities 97 92 100

Sheridan Cost Of Living Compared To Arkansas Averages

Services
Sheridan 98
Arkansas avg 95
Groceries
Sheridan 97
Arkansas avg 93
Health
Sheridan 82
Arkansas avg 68
Housing
Sheridan 92
Arkansas avg 96
Transportation
Sheridan 95
Arkansas avg 92
Utilities
Sheridan 97
Arkansas avg 92

Index where 100 = national average. Source: cost-of-living index 2026.

For more reading on cost of living around Arkansas, check out:

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Source: Cost-of-living index 2026, normalized to US average = 100

Sheridan, AR Housing Cost Breakdown

$218,332Median Home Value
$780Median Rent
$62,453Median Income

Housing swings affordability the most between places in Arkansas, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2020-2024. The key points are:

  • The Median Home Value in Sheridan is $218,332.

  • The Median Rent in Sheridan is $780.

  • The Median Income in Sheridan is $62,453.

  • The Home Value To Income in Sheridan is 3.5x.

  • The Rent To Monthly Income in Sheridan is 0.15x.

Statistic Sheridan Arkansas United States
Median Home Value $218,332 $222,050 $332,700
Median Rent $780 $947 $1,413
Median Income $62,453 $60,773 $80,734
Home Value To Income 3.5x 3.7x 4.1x
Rent To Monthly Income 0.15x 0.19x 0.21x

Sheridan, AR Costs By Category

Detailed Sheridan Services costs vs. Arkansas
Item Sheridan Arkansas
Shampoo $1.17 $1.28
Movie $13.35 $12.13
Bowling $15.56 $18
Haircut $28.72 $24.26
Beauty Salon $47.61 $45.56
Detailed Sheridan Groceries costs vs. Arkansas
Item Sheridan Arkansas
Ground Beef $5.76 $5.84
Fried Chicken $1.36 $1.57
Milk $4.65 $4.67
Potatoes $5.31 $4.93
Pizza $11.2 $12.09
Beer $10.24 $10.41
Toothpaste $3.61 $3.7
Detailed Sheridan Health costs vs. Arkansas
Item Sheridan Arkansas
Optometrist $115.17 $125.68
Doctor $132.33 $135.78
Dentist $81.53 $113.29
Detailed Sheridan Transportation costs vs. Arkansas
Item Sheridan Arkansas
Gasoline $3.05 $3.46
Tire Balancing $53.11 $59.92
Detailed Sheridan Utilities costs vs. Arkansas
Item Sheridan Arkansas
All Electricity $166.99 $193.99
Phone $205.18 $192.25

Sheridan SnackAbility

5Overall SnackAbility
Jobs 8/10
Housing 6/10
Affordability 8/10
Diversity 4/10
Safety 6/10
Amenities 6/10
Education 8/10
Commute 8/10

Cost Of Living In Cities Around Sheridan

The cost of living varies in the cities and towns around Sheridan. Here's a quick look at the cost of living in the most populous nearby places:

  • Little Rock, AR has a cost of living index of 96, 1.0x Sheridan.

  • North Little Rock, AR has a cost of living index of 89, 1.0x Sheridan.

  • Benton, AR has a cost of living index of 91, 1.0x Sheridan.

City Population Cost Of Living Vs. Sheridan
Little Rock, AR 203,436 96 1.0x
North Little Rock, AR 64,538 89 1.0x
Benton, AR 36,595 91 1.0x
Sherwood, AR 33,070 94 1.0x
Jacksonville, AR 29,221 89 1.0x
Bryant, AR 21,504 92 1.0x
Maumelle, AR 19,373 101 1.1x
Malvern, AR 10,953 85 0.9x
East End, AR 6,912 91 1.0x
White Hall, AR 5,512 93 1.0x