Housing costs in Sherwood?
A typical home costs
$206,100, which is 39.0% less expensive than the national average of
$338,100 and 13.4% more expensive than the average Arkansas home, at
$181,800. Renting a two-bedroom unit in Sherwood costs
$900 per month, which is 37.1% cheaper than the national average of
$1,430 and 6.7% more than the state average of
$840.
Can I afford Sherwood?
To live comfortably in Sherwood, Arkansas, a minimum annual income of
$39,600 for a family, and
$31,600 for a single person is recommended.
What does A.I. say about Sherwood?
The cost of living in Sherwood, AR is quite reasonable. The city is known for its low cost of living and taxes, making it an attractive option for people looking for a place to call home. The average home prices are lower than the national average and other nearby cities. In addition, the cost of groceries, healthcare, utilities, and gasoline are all significantly lower than what you would find in larger cities. The overall low cost of living provides residents with more money to spend on leisure activities or save for the future.