Sherwood, AR Cost Of Living

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

Cost of living in Sherwood, Arkansas

Cost of living in Sherwood 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 Sherwood 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:

94 Cost of living index 0.9x lower vs US
#57 Cheapest in Arkansas (of 70)
#1,669 Cheapest in the U.S. (of 6,489)
$236,102 Median home value
$1,101 Median rent
$81,328 Median income
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What is the cost of living in Sherwood, AR?

According to the most recent data on the cost of living, Sherwood has an overall cost of living index of 94, which is 0.9x lower than the national index of 100.

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

The standard of living in Sherwood ranks as #57 most affordable out of the 70 places we measured in Arkansas. By definition, that implies Sherwood ranks as the #13 most expensive place in the Natural State.

For more reading on life in Sherwood, check out:

Sherwood Cost Of Living Vs. Arkansas

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

  • The Services index in Sherwood is 99.

  • The Groceries index in Sherwood is 98.

  • The Health index in Sherwood is 87.

  • The Housing index in Sherwood is 93.

  • The Transportation index in Sherwood is 92.

  • The Utilities index in Sherwood is 92.

Living Expense Sherwood Arkansas National Average
Overall 94 85 100
Services 99 95 100
Groceries 98 93 100
Health 87 68 100
Housing 93 96 100
Transportation 92 92 100
Utilities 92 92 100

Sherwood Cost Of Living Compared To Arkansas Averages

Services
Sherwood 99
Arkansas avg 95
Groceries
Sherwood 98
Arkansas avg 93
Health
Sherwood 87
Arkansas avg 68
Housing
Sherwood 93
Arkansas avg 96
Transportation
Sherwood 92
Arkansas avg 92
Utilities
Sherwood 92
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

Sherwood, AR Housing Cost Breakdown

$236,102Median Home Value
$1,101Median Rent
$81,328Median 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 Sherwood is $236,102.

  • The Median Rent in Sherwood is $1,101.

  • The Median Income in Sherwood is $81,328.

  • The Home Value To Income in Sherwood is 2.9x.

  • The Rent To Monthly Income in Sherwood is 0.16x.

Statistic Sherwood Arkansas United States
Median Home Value $236,102 $222,050 $332,700
Median Rent $1,101 $947 $1,413
Median Income $81,328 $60,773 $80,734
Home Value To Income 2.9x 3.7x 4.1x
Rent To Monthly Income 0.16x 0.19x 0.21x

Sherwood, AR Costs By Category

Detailed Sherwood Services costs vs. Arkansas
Item Sherwood 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 Sherwood Groceries costs vs. Arkansas
Item Sherwood 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 Sherwood Health costs vs. Arkansas
Item Sherwood Arkansas
Optometrist $115.17 $125.68
Doctor $132.33 $135.78
Dentist $81.53 $113.29
Detailed Sherwood Transportation costs vs. Arkansas
Item Sherwood Arkansas
Gasoline $3.05 $3.46
Tire Balancing $53.11 $59.92
Detailed Sherwood Utilities costs vs. Arkansas
Item Sherwood Arkansas
All Electricity $166.99 $193.99
Phone $205.18 $192.25

Sherwood SnackAbility

8Overall SnackAbility
Jobs 8.5/10
Housing 7/10
Affordability 8.5/10
Diversity 8.5/10
Safety 4/10
Amenities 8.5/10
Education 8.5/10
Commute 8/10

Cost Of Living In Cities Around Sherwood

The cost of living varies in the cities and towns around Sherwood. 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 Sherwood.

  • North Little Rock, AR has a cost of living index of 89, 0.9x Sherwood.

  • Jacksonville, AR has a cost of living index of 89, 0.9x Sherwood.

City Population Cost Of Living Vs. Sherwood
Little Rock, AR 203,436 96 1.0x
North Little Rock, AR 64,538 89 0.9x
Jacksonville, AR 29,221 89 0.9x
Cabot, AR 26,960 92 1.0x
Maumelle, AR 19,373 101 1.1x