Sherman, MS Cost of Living


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Sherman cost of living score
74.4
Less expensive
25.6% lower
than the US average
5.5% lower
than the Mississippi average
Sherman, Mississippi gets a BestPlaces Cost of Living score of 74.4, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 25.6% lower than the U.S. average and 5.5% higher than the average for Mississippi.

Sherman, MS

Housing costs in Sherman?
A typical home costs $131,900, which is 61.0% less expensive than the national average of $338,100 and 15.1% less expensive than the average Mississippi home, at $155,300. Renting a two-bedroom unit in Sherman costs $790 per month, which is 44.8% cheaper than the national average of $1,430 and 12.7% cheaper than the state average of $890.

Can I afford Sherman?
To live comfortably in Sherman, Mississippi, a minimum annual income of $25,200 for a family, and $28,000 for a single person is recommended.

What does A.I. say about Sherman?
The cost of living in Sherman, MS is relatively affordable. Residents benefit from low taxes and housing prices that are well below the national average. Additionally, the cost of food and other everyday items is typically lower than in other parts of the country. All this adds up to make Sherman an ideal place for families on a budget to call home, as they can stretch their dollars farther here than they would elsewhere.
   Cost of living score
     CategoriesShermanMississippiUnited States
  74.478.7100.0
  95.394.9100
  102.3101.9100.0
  44.548.6100.0
  $131,900$155,300$338,100
  94.3%97.1%100.0%
  73.783.4100.0
  63.063.1100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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