Sherwood, ND Cost of Living


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How much do I need to live in Sherwood, North Dakota?
$2,550 / month
for a family, 52.8% less expensive than the national average A total of $30,600 for the year for a family.
$2,167 / month
for a single person, 54.5% less expensive than the national average A total of $26,000 for the year for a single person.

Sherwood cost of living score
83.4
Less expensive
16.6% lower
than the US average
5.9% lower
than the North Dakota average
Sherwood, North Dakota gets a BestPlaces Cost of Living score of 83.4, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 16.6% lower than the U.S. average and 5.9% higher than the average for North Dakota.

Sherwood, ND

Housing costs in Sherwood?
A typical home costs $160,400, which is 52.6% less expensive than the national average of $338,100 and 33.4% less expensive than the average North Dakota home, at $240,700. Renting a two-bedroom unit in Sherwood costs $860 per month, which is 39.9% cheaper than the national average of $1,430 and 7.0% cheaper than the state average of $920.

Can I afford Sherwood?
To live comfortably in Sherwood, North Dakota, a minimum annual income of $30,600 for a family, and $26,000 for a single person is recommended.

What does A.I. say about Sherwood?
The cost of living in Sherwood, ND is quite affordable. The median home value is just under $99,000 and the median rent for a 2-bedroom apartment is around $600 a month – both lower than the national averages. In addition, the local grocery stores offer groceries at reasonable prices and many restaurants offer excellent deals on meals. Furthermore, there are no state taxes in North Dakota which makes it even more affordable for residents of Sherwood to live comfortably on their incomes.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesSherwoodNorth DakotaUnited States
    Unlock88.6100.0
  93.7  Unlock100.0
    Unlock103.4100.0
  25.2  Unlock100.0
    Unlock$240,700$338,100
  89.0  Unlock100.0
    Unlock74.4100.0
  88.9  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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