Housing costs in Sherwood?
A typical home costs
$0, which is 100.0% less expensive than the national average of
$338,100 and 100.0% less expensive than the average Tennessee home, at
$277,400. Renting a two-bedroom unit in Sherwood costs
$740 per month, which is 48.3% cheaper than the national average of
$1,430 and 44.6% cheaper than the state average of
$1,070.
Can I afford Sherwood?
To live comfortably in Sherwood, Tennessee, a minimum annual income of
$35,280 for a family, and
$24,400 for a single person is recommended.
What does A.I. say about Sherwood?
The cost of living in Sherwood, TN is significantly lower than the US average. According to data from the most recent census, the median value of a house in Sherwood is much less than the US average of $338,100. Likewise, the cost of living index in Sherwood is also much lower than the national average of 100. This makes Sherwood an attractive place to live for those looking to save money on their housing and living expenses. With such a low cost of living, many people have been able to purchase homes or otherwise live comfortably in this area.