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.