Sherwood, OR 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, Oregon

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 Oregon, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:

138 Cost of living index 1.4x higher vs US
#85 Cheapest in Oregon (of 100)
#5,313 Cheapest in the U.S. (of 6,489)
$633,004 Median home value
$2,131 Median rent
$109,966 Median income
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What is the cost of living in Sherwood, OR?

According to the most recent data on the cost of living, Sherwood has an overall cost of living index of 138, which is 1.4x higher than the national index of 100.

Compared to Oregon, Sherwood has a cost of living index that's 1.3x higher than Oregon's index of 109.

The standard of living in Sherwood ranks as #85 most affordable out of the 100 places we measured in Oregon. By definition, that implies Sherwood ranks as the #15 most expensive place in the Beaver State.

For more reading on life in Sherwood, check out:

Sherwood Cost Of Living Vs. Oregon

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 105.

  • The Groceries index in Sherwood is 104.

  • The Health index in Sherwood is 214.

  • The Housing index in Sherwood is 104.

  • The Transportation index in Sherwood is 105.

  • The Utilities index in Sherwood is 104.

Living Expense Sherwood Oregon National Average
Overall 138 109 100
Services 105 104 100
Groceries 104 106 100
Health 214 125 100
Housing 104 104 100
Transportation 105 106 100
Utilities 104 105 100

Sherwood Cost Of Living Compared To Oregon Averages

Services
Sherwood 105
Oregon avg 104
Groceries
Sherwood 104
Oregon avg 106
Health
Sherwood 214
Oregon avg 125
Housing
Sherwood 104
Oregon avg 104
Transportation
Sherwood 105
Oregon avg 106
Utilities
Sherwood 104
Oregon avg 105

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

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

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

Sherwood, OR Housing Cost Breakdown

$633,004Median Home Value
$2,131Median Rent
$109,966Median Income

Housing swings affordability the most between places in Oregon, 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 $633,004.

  • The Median Rent in Sherwood is $2,131.

  • The Median Income in Sherwood is $109,966.

  • The Home Value To Income in Sherwood is 5.8x.

  • The Rent To Monthly Income in Sherwood is 0.23x.

Statistic Sherwood Oregon United States
Median Home Value $633,004 $499,003 $332,700
Median Rent $2,131 $1,525 $1,413
Median Income $109,966 $83,011 $80,734
Home Value To Income 5.8x 6.0x 4.1x
Rent To Monthly Income 0.23x 0.22x 0.21x

Sherwood, OR Costs By Category

Detailed Sherwood Services costs vs. Oregon
Item Sherwood Oregon
Shampoo $1.53 $1.28
Movie $12.98 $12.13
Bowling $18.31 $18
Haircut $41.22 $24.26
Beauty Salon $60.58 $45.56
Detailed Sherwood Groceries costs vs. Oregon
Item Sherwood Oregon
Ground Beef $6.17 $5.84
Fried Chicken $2.03 $1.57
Milk $5.04 $4.67
Potatoes $4.39 $4.93
Pizza $12.21 $12.09
Beer $12.07 $10.41
Toothpaste $3.63 $3.7
Detailed Sherwood Health costs vs. Oregon
Item Sherwood Oregon
Optometrist $131.94 $125.68
Doctor $188.49 $135.78
Dentist $115.08 $113.29
Detailed Sherwood Transportation costs vs. Oregon
Item Sherwood Oregon
Gasoline $4.16 $3.46
Tire Balancing $84.45 $59.92
Detailed Sherwood Utilities costs vs. Oregon
Item Sherwood Oregon
All Electricity $182.73 $193.99
Phone $190.36 $192.25

Sherwood SnackAbility

7Overall SnackAbility
Jobs 9/10
Housing 9/10
Affordability 6/10
Diversity 7/10
Safety 8.5/10
Amenities 9/10
Education 9.5/10
Commute 6/10

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:

  • Tigard, OR has a cost of living index of 136, 1.0x Sherwood.

  • Aloha, OR has a cost of living index of 127, 0.9x Sherwood.

  • Lake Oswego, OR has a cost of living index of 166, 1.2x Sherwood.

City Population Cost Of Living Vs. Sherwood
Tigard, OR 56,011 136 1.0x
Aloha, OR 52,389 127 0.9x
Lake Oswego, OR 40,381 166 1.2x
Bethany, OR 33,106 158 1.1x
Tualatin, OR 27,763 139 1.0x
Wilsonville, OR 26,974 134 1.0x
West Linn, OR 26,935 153 1.1x
Newberg, OR 26,066 126 0.9x
Oatfield, OR 13,294 128 0.9x
Oregon, WI 11,547 111 0.8x