Sheridan, AR Cost of Living


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Sheridan cost of living score
82.3
Less expensive
17.7% lower
than the US average
6.2% higher
than the Arkansas average
Sheridan, Arkansas gets a BestPlaces Cost of Living score of 82.3, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 17.7% lower than the U.S. average and 6.2% lower than the average for Arkansas.

Sheridan, AR

Housing costs in Sheridan?
A typical home costs $172,900, which is 48.9% less expensive than the national average of $338,100 and 4.9% less expensive than the average Arkansas home, at $181,800. Renting a two-bedroom unit in Sheridan costs $790 per month, which is 44.8% cheaper than the national average of $1,430 and 6.3% cheaper than the state average of $840.

Can I afford Sheridan?
To live comfortably in Sheridan, Arkansas, a minimum annual income of $33,120 for a family, and $27,600 for a single person is recommended.

What does A.I. say about Sheridan?
Sheridan, AR is an affordable city to live in and offers a variety of housing options. The median home cost is around $135,000, which is significantly lower than the national average. Renting in Sheridan also costs less than the national average, with the median rent for a one-bedroom apartment coming in at around $680 per month. Utilities are also relatively inexpensive in Sheridan with the average utility bill for a two-bedroom home costing about $150/month. With its low cost of living, residents of Sheridan can enjoy a comfortable life without breaking their budget.
   Cost of living score
     CategoriesSheridanArkansasUnited States
  82.377.5100.0
  96.192.7100
  91.792.1100.0
  53.849.8100.0
  $172,900$181,800$338,100
  96.9%95.6%100.0%
  96.881.6100.0
  79.974.5100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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