Sheridan cost of living index

In the event that the cost of living data was unavailable for this city, estimates based upon nearby cities were used. Each cost of living index is based on a national average of 100. If the amount is below 100, it is lower than the national average. If the amount is above 100, it is higher than the national average.
IndexSheridanMontanaNational
Cost of living index9498100
IndexSheridanMontanaNational
Goods & Services index9898100
Groceries index100100100
Health care index104104100
Housing index8497100
Transportation index101101100
Utilities index9292100

Did you know?

  • The cost of living in Sheridan is 4% lower than the Montana average.
  • The cost of living in Sheridan is 6% lower than the national average.
  • The cost of housing in Sheridan is 16% lower than the national average.
  • Montana general sales tax is 100% lower than the national average.
  • Montana state income tax is 55% lower than the national average.

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Compare Sheridan, MT Cost of living To Other Cities

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Groceries index
Health care index
Housing index
Transportation index
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Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$39,375$3,281$919$1,181
Renters$23,889$1,991$557$717

Montana Sales Tax

StateGeneral Sales TaxWith Max Surtax
Montana0%0%

Montana Income Tax

StateIncome Tax (Low)Income Tax (High)
Montana1%6.9%

Goods & Services

ItemSheridanNational avg.Difference
Haircut $14.37$15.567.7%
Beauty Salon $37.33$36.113.4%
Toothpaste $2.72$2.4710.1%
Shampoo $0.95$0.961.6%
Movie $10.25$10.131.2%
Bowling $3.83$4.7419.0%

Groceries

ItemSheridanNational avg.Difference
Ground Beef $3.43$3.9813.9%
Fried Chicken $1.39$1.411.0%
Milk $1.75$2.0615.2%
Potatoes $3.67$2.9823.1%
Pizza $8.99$9.475.1%
Beer $8.65$8.791.6%

Health Care

ItemSheridanNational avg.Difference
Optometrist $82.77$101.0418.1%
Doctor $134.33$107.4425.0%
Dentist $82.20$90.429.1%
Ibuprofen $9.93$9.287.0%
Lipitor $455.84$426.506.9%

Housing

ItemSheridanNational avg.Difference
Home Price $149,500.00$175,700.0014.9%
Avg. Mortgage Payment $1,256.86$1,133.2310.9%
Apartment Rent $756.00$920.0017.8%

Transportation

ItemSheridanNational avg.Difference
Gasoline $2.09$1.994.7%
Tire Balancing $42.53$45.767.1%

Utilities

ItemSheridanNational avg.Difference
All Electricity$182.10$163.8111.2%
Phone $18.66$28.3934.3%
Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

Nearby cities with low cost of living

City, StatePopulationCost of Living IndexNational Avg.
Alder, MT10987-13%
Twin Bridges, MT29990-10%
Virginia City, MT20996-4%
Sheridan, MT68594-6%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Revloc, PA68579-21%
Colman, SD68590-10%
Fox River, AK6851099%
Scurry, TX6851000%
Dublin, IN68474-26%
Sheridan, MT68594-6%
Source: The Sheridan, MT cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2016.