Housing costs in Sherman-Denison?
A typical home costs
$244,800, which is 27.6% less expensive than the national average of
$338,100 and 17.7% less expensive than the average Texas home, at
$297,600. Renting a two-bedroom unit in Sherman-Denison costs
$1,050 per month, which is 26.6% cheaper than the national average of
$1,430 and 21.9% cheaper than the state average of
$1,280.
Can I afford Sherman-Denison?
To live comfortably in Sherman-Denison Te Metro Area, Texas, a minimum annual income of
$46,800 for a family, and
$36,000 for a single person is recommended.
What does A.I. say about Sherman-Denison?
The cost of living in the Sherman-Denison, TX Metro Area is quite affordable compared to the US average. The Cost of Living Index for the area is 86.9, which is 14.1 points lower than the national average of 100. This means that it costs about 14% less to live in this region than other parts of the country. The median house value in Sherman-Denison is also much lower at $244,800 compared to the national average at $338,100, making it an attractive option for someone looking for more affordable housing options.