Zip 76245 (Sherwood Shores, TX) Cost of Living


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Sherwood Shores cost of living score
87.3
Less expensive
12.7% lower
than the US average
7.3% lower
than the Texas average
Sherwood Shores (zip 76245), Texas gets a BestPlaces Cost of Living score of 87.3, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 12.7% lower than the U.S. average and 7.3% higher than the average for Texas.

Zip 76245 (Sherwood Shores, TX)

Housing costs in Sherwood Shores?
A typical home costs $171,100, which is 49.4% less expensive than the national average of $338,100 and 42.5% less expensive than the average Texas home, at $297,600. Renting a two-bedroom unit in Sherwood Shores costs $870 per month, which is 32.0% cheaper than the national average of $1,280 and 20.7% cheaper than the state average of $1,050.

Can I afford Sherwood Shores?
To live comfortably in Sherwood Shores (zip 76245), Texas, a minimum annual income of $32,760 for a family, and $30,000 for a single person is recommended.

What does A.I. say about Sherwood Shores?
The cost of living in 76245 Sherwood Shores, TX is relatively low compared to the national average. The median home price in the area is just over $196,000 which is significantly lower than the national average of $200,400. Property taxes are also quite reasonable at approximately 1.74%. Utilities such as electricity and water are affordable but can vary depending on usage. Groceries and dining out are also quite reasonable with prices comparable to other areas of Texas. All in all, the cost of living in 76245 Sherwood Shores, TX makes it a great place for people looking for an affordable lifestyle without compromising quality of life.
   Cost of living score
     CategoriesSherwood ShoresTexasUnited States
  87.394.2100.0
  93.893.7100
  113.9100.0100.0
  49.183.5100.0
  $171,100$297,600$338,100
  102.2%99.2%100.0%
  83.4103.3100.0
  91.983.2100.0

   100=National Average

   Average Rent by Bedroom Size
Crime