Sherman, TX Cost Of Living

Demographics | Crime | Cost Of Living
Updated: 2021-02-06
86
Sherman's Overall Cost Of Living
0.9x
Lower Than The National Average
150 out of 403
In Texas
959 out of 6,399
In America
The cost of living index is set to 100 for the average place in America. An index above 100 means Sherman is expensive, while a number below 100 means it's a relatively cheap place to live.

What is the cost of living in Sherman, TX?

According to the most recent data on the cost of living, Sherman has an overall cost of living index of 86 which is 0.9x lower than the national index of 100.

Compared to only Texas, Sherman has a cost of living index that's 0.9x lower than Texas's index of 91.

The standard of living in Sherman ranks as #959 most affordable out of the 6,522 places we measured in Texas. By definition, that implies Sherman ranks as the #5,447 most expensive place in the Lone Star State.

For more reading on life in Sherman, check out:

Sherman Cost Of Living Vs. Texas

Living Expense Sherman Texas National Average
Overall 86 91 100
Services 96 95 100
Groceries 92 90 100
Health 90 97 100
Housing 64 83 100
Transportation 93 94 100
Utilities 102 102 100
For more reading on cost of living around Texas, check out:
Sherman Cost of Living Vs. TX

Sherman, TX Housing Cost Breakdown

Housing swings affordability the most between places in Texas, so we broke down the statistics around housing costs into more detail. It's also important to consider median household incomes to make apples-to-apples comparisons across locations.

Home and income come data comes from the most recent US Census ACS 2014-2018.

$126,200
Median Home Value
$880
Median Rent
$47,397
Median Income
Statistic Sherman Texas United States
Median Home Value $126,200 $172,500 $217,500
Median Rent $880 $1,045 $1,062
Median Income $47,397 $61,874 $62,843
Home Value To Income 2.7x 2.8x 3.5x
Rent To Monthly Income 0.22x 0.2x 0.2x

Detailed Sherman Services Costs Vs. Texas

Item Sherman Texas
Shampoo $0.89 $1.01
Movie $8.42 $10.72
Bowling $15.0 $13.86

Detailed Sherman Groceries Costs Vs. Texas

Item Sherman Texas
Ground Beef $4.07 $3.9
Fried Chicken $1.18 $1.4
Milk $1.46 $1.96

Detailed Sherman Health Costs Vs. Texas

Item Sherman Texas
Haircut $15.72 $17.49
Beauty Salon $26.43 $38.17
Toothpaste $1.78 $2.32

Detailed Sherman Transportation Costs Vs. Texas

Item Sherman Texas
Potatoes $2.99 $3.18
Pizza $9.96 $10.39
Beer $9.73 $9.23
Optometrist $95.0 $106.34
Doctor $87.5 $115.25
Dentist $90.0 $98.38

Detailed Sherman Utilities Costs Vs. Texas

Item Sherman Texas
Gasoline $2.46 $2.59
Tire Balancing $45.0 $48.9
All Electricity $176.03 $167.6
Phone $179.64 $163.42

Sherman SnackAbility

5
/10
Overall SnackAbility
Jobs
7/10
Housing
7
Affordability
7
Diversity
9
Safety
5
Amenities
8
Education
6
Commute
8.5

Cost Of Living In Cities Around Sherman

City Population Cost Of Living Vs. Sherman
Plano, TX 287,064 112 1.3x
McKinney, TX 182,055 102 1.2x
Frisco, TX 177,020 111 1.3x
Carrollton, TX 135,834 103 1.2x
Richardson, TX 116,432 107 1.2x
Allen, TX 101,699 104 1.2x
Flower Mound, TX 76,555 117 1.4x
The Colony, TX 43,005 102 1.2x
Denison, TX 24,340 83 1.0x
Corinth, TX 21,491 97 1.1x

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