Sherwood Shores, TX Cost of Living


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Sherwood Shores cost of living score
87.3
Less expensive
12.7% lower
than the US average
7.3% lower
than the Texas average
Sherwood Shores, Texas gets a BestPlaces Cost of Living score of 87.3, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 12.7% lower than the U.S. average and 7.3% higher than the average for Texas.

Sherwood Shores, TX

Housing costs in Sherwood Shores?
A typical home costs $131,100, which is 61.2% less expensive than the national average of $338,100 and 55.9% less expensive than the average Texas home, at $297,600. Renting a two-bedroom unit in Sherwood Shores costs $900 per month, which is 37.1% cheaper than the national average of $1,430 and 42.2% cheaper than the state average of $1,280.

Can I afford Sherwood Shores?
To live comfortably in Sherwood Shores, Texas, a minimum annual income of $25,200 for a family, and $30,800 for a single person is recommended.

What does A.I. say about Sherwood Shores?
The cost of living in Sherwood Shores, TX is quite affordable. The median home value is $186,000, which is considerably lower than the national average. The median household income is also lower than the national average but still a comfortable level for most families. Renters can find great deals on apartments in the area, with rates ranging from $600 to $1200 per month depending on size and location. Groceries and dining out are also reasonably priced. Other necessities like healthcare and education are similarly budget-friendly due to the limited costs associated with them in this area. All in all, Sherwood Shores offers a quality of life that comes at a surprisingly low cost.
   Cost of living score
     CategoriesSherwood ShoresTexasUnited States
  87.394.2100.0
  93.893.7100
  113.9100.0100.0
  40.083.5100.0
  $131,100$297,600$338,100
  102.2%99.2%100.0%
  83.4103.3100.0
  90.783.2100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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