Zip 38869 (Sherman, MS) Cost of Living


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How much do I need to live in Sherman, Mississippi?
$3,090 / month
for a family, 42.8% less expensive than the national average A total of $37,080 for the year for a family.
$2,300 / month
for a single person, 51.8% less expensive than the national average A total of $27,600 for the year for a single person.

Sherman cost of living score
74.4
Less expensive
25.6% lower
than the US average
5.5% lower
than the Mississippi average
Sherman (zip 38869), Mississippi gets a BestPlaces Cost of Living score of 74.4, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 25.6% lower than the U.S. average and 5.5% higher than the average for Mississippi.

Zip 38869 (Sherman, MS)

Housing costs in Sherman?
A typical home costs $193,800, which is 42.7% less expensive than the national average of $338,100 and 24.8% more expensive than the average Mississippi home, at $155,300. Renting a two-bedroom unit in Sherman costs $780 per month, which is 12.4% cheaper than the national average of $890 and 6.4% cheaper than the state average of $830.

Can I afford Sherman?
To live comfortably in Sherman (zip 38869), Mississippi, a minimum annual income of $37,080 for a family, and $27,600 for a single person is recommended.

What does A.I. say about Sherman?
The cost of living in 38869 Sherman, MS is fairly affordable. The median home value is around $129,800, which is lower than the state average. The median rent is also much lower than the national average, coming in at $836 a month. Additionally, groceries and other goods are reasonably priced throughout the city. Overall, life in Sherman is fairly economical when compared to other parts of the U.S., making it a great place for families looking for an affordable place to live.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesShermanMississippiUnited States
    Unlock78.7100.0
  94.0  Unlock100.0
    Unlock101.9100.0
  41.4  Unlock100.0
    Unlock$155,300$338,100
  94.3  Unlock100.0
    Unlock83.4100.0
  62.8  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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