Sherman 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.
IndexShermanNew YorkNational
Cost of living index76120100
IndexShermanNew YorkNational
Goods & Services index92110100
Groceries index95105100
Health care index8499100
Housing index37149100
Transportation index98111100
Utilities index89102100

Did you know?

  • The cost of living in Sherman is 37% lower than the New York average.
  • The cost of living in Sherman is 24% lower than the national average.
  • The cost of housing in Sherman is 63% lower than the national average.
  • New York general sales tax is 21% lower than the national average.
  • New York state income tax is 80% higher than the national average.

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

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$45,435$3,786$1,060$1,363
Renters$17,361$1,447$405$521

New York Sales Tax

StateGeneral Sales TaxWith Max Surtax
New York4%8.875%

New York Income Tax

StateIncome Tax (Low)Income Tax (High)
New York4%8.82%

Goods & Services

ItemShermanNational avg.Difference
Haircut $14.90$15.564.3%
Beauty Salon $30.83$36.1114.6%
Toothpaste $1.99$2.4719.4%
Shampoo $0.89$0.968.1%
Movie $10.42$10.132.9%
Bowling $3.42$4.7427.7%

Groceries

ItemShermanNational avg.Difference
Ground Beef $3.69$3.987.3%
Fried Chicken $1.30$1.417.8%
Milk $1.93$2.066.3%
Potatoes $2.52$2.9815.5%
Pizza $9.99$9.475.5%
Beer $8.28$8.795.8%

Health Care

ItemShermanNational avg.Difference
Optometrist $58.53$101.0442.1%
Doctor $85.33$107.4420.6%
Dentist $70.70$90.4221.8%
Ibuprofen $8.70$9.286.2%
Lipitor $439.17$426.503.0%

Housing

ItemShermanNational avg.Difference
Home Price $61,100.00$175,700.0065.2%
Avg. Mortgage Payment $1,278.38$1,133.2312.8%
Apartment Rent $375.00$920.0059.2%

Transportation

ItemShermanNational avg.Difference
Gasoline $2.10$1.995.4%
Tire Balancing $37.55$45.7617.9%

Utilities

ItemShermanNational avg.Difference
All Electricity$134.14$163.8118.1%
Phone $28.22$28.390.6%
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.
Bear Lake, PA16876-24%
Ripley, NY82677-23%
Panama, NY49280-20%
Westfield, NY3,57181-19%
Wattsburg, PA49482-18%
Sherman, NY70176-24%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Loretto, MN7011033%
Valley Springs, SD70188-12%
Chaumont, NY70194-6%
East Butler, PA70185-15%
Shannon, IL70183-17%
Sherman, NY70176-24%
Source: The Sherman, NY cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2016.