Housing costs in Sherwood?
A typical home costs
$611,700, which is 80.9% more expensive than the national average of
$338,100 and 30.6% more expensive than the average Oregon home, at
$468,400. Renting a two-bedroom unit in Sherwood costs
$2,270 per month, which is 49.3% more than the national average of
$1,520 and 18.9% more than the state average of
$1,840.
Can I afford Sherwood?
To live comfortably in Sherwood (zip 97140), Oregon, a minimum annual income of
$117,360 for a family, and
$79,600 for a single person is recommended.
What does A.I. say about Sherwood?
The cost of living in 97140 Sherwood, OR is relatively low compared to the national average. According to BestPlaces, the cost of living index for the area is 78.46, which is 22.54% lower than the US average index of 100. This makes it a great place for budget-minded individuals or families looking to stretch their money further. Compared to nearby areas like Beaverton and Portland, Sherwood offers a lower cost of living while still providing access to many of the same amenities found in larger cities. Groceries, healthcare costs and transportation are all very reasonable here and overall, living expenses are quite manageable.