Housing costs in Sherman?
A typical home costs
$141,900, which is 58.0% less expensive than the national average of
$338,100 and 65.7% less expensive than the average New York home, at
$413,600. Renting a two-bedroom unit in Sherman costs
$820 per month, which is 42.7% more than the national average of
$1,430 and 139.0% more than the state average of
$1,960.
Can I afford Sherman?
To live comfortably in Sherman, New York, a minimum annual income of
$27,360 for a family, and
$26,000 for a single person is recommended.
What does A.I. say about Sherman?
The cost of living in Sherman, NY is relatively low compared to other towns and cities in the surrounding area. According to the most recent statistics from the BestPlaces Bureau, the median home value in Sherman is $131,800 which is 24% lower than the national median home value. In addition, the cost of living index for Sherman is 86.3, which is 14% lower than the U.S. average. This means that groceries, transportation, healthcare, and other expenses are all much more affordable when compared with other nearby areas. For those looking for an affordable place to live without sacrificing quality of life, Sherman may be a great option to consider!