Sherwood, OR Cost of Living


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Sherwood cost of living score
128.1
More expensive
28.1% higher
than the US average
12.1% higher
than the Oregon average
Sherwood, Oregon gets a BestPlaces Cost of Living score of 128.1, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 28.1% higher than the U.S. average and 12.1% lower than the average for Oregon.

Sherwood, OR

Housing costs in Sherwood?
A typical home costs $604,700, which is 78.9% more expensive than the national average of $338,100 and 29.1% more expensive than the average Oregon home, at $468,400. Renting a two-bedroom unit in Sherwood costs $2,240 per month, which is 56.6% more than the national average of $1,430 and 32.1% more than the state average of $1,520.

Can I afford Sherwood?
To live comfortably in Sherwood, Oregon, a minimum annual income of $115,920 for a family, and $78,400 for a single person is recommended.

What does A.I. say about Sherwood?
Sherwood, OR is an affordable place to live, with the overall cost of living being slightly below the national average. Housing costs in Sherwood are very reasonable, with a median home value of about $370,000, or 15% less than the national average. Transportation costs can also be low here since the median travel time to work is just 22 minutes. Groceries and healthcare are both slightly more expensive than the national average, so it's important for residents to budget accordingly. All in all, though, Sherwood is a great place to live that won't break the bank.
   Cost of living score
     CategoriesSherwoodOregonUnited States
  128.1114.3100.0
  102.9100.4100
  90.294.6100.0
  192.5150.2100.0
  $604,700$468,400$338,100
  82.0%81.0%100.0%
  129.0107.1100.0
  136.5108.2100.0

   100=National Average

   Average Rent by Bedroom Size
Reviews for Sherwood
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Over 8 years ago

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Over 8 years ago

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Over 17 years ago

Sherwood city council has started a huge water project to support an anticipated growth from 16000 to 30000; they will use the water from a treatment plant on the  More

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