Cost of Living in Sherman, TX
| Cost of Living in Sherman, TX | Compared to State Average | Compared to National Average |
|---|---|---|
| Housing (Buy and Rent) | 2% higher | 16% lower |
| Utilities (Monthly) | 2% lower | 1% higher |
| Food | 4% lower | 10% lower |
| Healthcare | 7% lower | 11% lower |
| Transportation | 15% lower | 18% lower |
| Goods & Services | 0% | 4% lower |
The cost of living in Sherman, TX is 2% lower than the state average and 9% lower than the national average. Sherman, TX housing is 16% cheaper than the U.S average, while utilities are about 1% pricier. When it comes to basic necessities such as food and clothing, groceries are around 4% less in Sherman, TX than in the rest of the country, while clothing costs around 4% less .
Healthcare services such as doctor check-ups and dentistry cost 11% less here compared to the U.S. average. At the same time, non-necessary expenses such as entertainment and grooming services are 4% cheaper in Sherman, TX.
Housing is the most significant expense for most American households. The cost of living in a certain city takes into account both the price of rent and the price of a home. The average monthly rent in Sherman is $1,386, while home prices circle around $394,223.
Both owning and renting come with utility expenses. These costs include basic services such as energy and telecommunications. In Sherman, energy bills cost around $209.64 per month.
Food is the most important necessity and its cost varies around the country. This section includes the prices of everyday foods such as produce, meat and dairy. A bottle of milk costs about $3.72 in Sherman, a dozen eggs go for around $2.14 and a pound of potatoes circles around $4.05.
The benchmark for this category is based on the prices of family doctor visits and specialized services such as optometry. In Sherman, an optometry check-up costs around $97.60, while a dentist appointment is priced $111.06 on average.
Transportation expenses depend on multiple factors, with fuel being the most important. A gallon of gas is priced around $2.48 in Sherman, while getting your tires balanced will run you about $50.92.
The cost of clothing tells you how much more or less money you need to buy basic items such as jeans, shirts or slacks in a new city. A men's shirt costs around $35.71 here. Meanwhile, a pair of women's slacks will set you back around $34.93.
The cost of entertainment and everyday services is based on common expenses in each category. For a movie ticket in Sherman, you should budget around $8.46 a month. When it comes to personal services, a haircut usually goes for $26.55, while dry cleaning costs about $11.24.
The cost of living also takes median household income into account, so you can estimate how much more or less you could be earning in a new city by comparing it to the income in your current area. In Sherman, the median household income is $53,536.