Housing costs in Sherman?
A typical home costs
$234,700, which is 30.6% less expensive than the national average of
$338,100 and 21.1% less expensive than the average Texas home, at
$297,600. Renting a two-bedroom unit in Sherman costs
$1,050 per month, which is 26.6% cheaper than the national average of
$1,430 and 21.9% cheaper than the state average of
$1,280.
Can I afford Sherman?
To live comfortably in Sherman, Texas, a minimum annual income of
$45,000 for a family, and
$36,000 for a single person is recommended.
What does A.I. say about Sherman?
Sherman, TX is an affordable city in which to live. The cost of living index is significantly lower than the national average, making it an attractive option for those looking to save money on their monthly expenses. The median home price is about $150,000 which is a great value for the area. Utilities are also fairly low-cost and the city offers various discounts to make living even more affordable. Additionally, there are plenty of restaurants and grocery stores offering reasonable prices on food essentials. All in all, Sherman, TX is a great place to live if you're looking for an affordable cost of living.