Cost Of Living In Sherrill, IA

Sherrill 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.
Index	Sherrill	Iowa	National
Cost of living index	93	89	100
Index	Sherrill	Iowa	National
Goods & Services index	102	95	100
Groceries index	98	95	100
Health care index	92	98	100
Housing index	82	73	100
Transportation index	89	97	100
Utilities index	91	96	100

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The cost of living in Sherrill is 5% higher than the Iowa average.
The cost of living in Sherrill is 7% lower than the national average.
The cost of housing in Sherrill is 18% lower than the national average.
Iowa general sales tax is 18% higher than the national average.
Iowa state income tax is 84% lower than the national average.

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Price difference in compared to

Cost of living index
Goods & Services index
Groceries index
Health care index
Housing index
Transportation index
Utilities index

Median Income & Debt-To-Income Ratio

Median Income	Per Year	Per Month	Max Budget (28% DTI)	Max Budget (36% DTI)
Owners	$69,107	$5,759	$1,612	$2,073
Renters	$65,000	$5,417	$1,517	$1,950

Iowa Sales Tax

State	General Sales Tax	With Max Surtax
Iowa	6%	7%

Iowa Income Tax

State	Income Tax (Low)	Income Tax (High)
Iowa	0.36%	8.98%

Goods & Services

Item	Sherrill	National avg.	Difference
Haircut	$16.62	$15.56	6.8%
Beauty Salon	$32.96	$36.11	8.7%
Toothpaste	$2.56	$2.47	3.7%
Shampoo	$0.83	$0.96	14.3%
Movie	$9.40	$10.13	7.2%
Bowling	$2.83	$4.74	40.2%

Groceries

Item	Sherrill	National avg.	Difference
Ground Beef	$3.68	$3.98	7.6%
Fried Chicken	$1.27	$1.41	10.0%
Milk	$1.95	$2.06	5.7%
Potatoes	$2.61	$2.98	12.5%
Pizza	$8.99	$9.47	5.1%
Beer	$8.99	$8.79	2.2%

Health Care

Item	Sherrill	National avg.	Difference
Optometrist	$57.75	$101.04	42.8%
Doctor	$114.48	$107.44	6.6%
Dentist	$69.47	$90.42	23.2%
Ibuprofen	$9.24	$9.28	0.4%
Lipitor	$451.01	$426.50	5.7%

Housing

Item	Sherrill	National avg.	Difference
Home Price	$154,200.00	$175,700.00	12.2%
Avg. Mortgage Payment	$806.77	$1,133.23	28.8%
Apartment Rent	$629.00	$920.00	31.6%

Transportation

Item	Sherrill	National avg.	Difference
Gasoline	$1.85	$1.99	7.0%
Tire Balancing	$36.67	$45.76	19.9%

Utilities

Item	Sherrill	National avg.	Difference
All Electricity	$175.52	$163.81	7.1%
Phone	$20.00	$28.39	29.5%

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, State	Population	Cost of Living Index	National Avg.
Millville, IA	21	76	-24%
Durango, IA	17	84	-16%
Cassville, WI	804	84	-16%
Luxemburg, IA	192	85	-15%
North Buena Vista, IA	109	86	-14%
Sherrill, IA	191	93	-7%

Cities with similar population

City, State	Population	Cost of Living Index	National Avg.
Bay Center, WA	191	125	25%
Luray, SC	191	80	-20%
Galloway, WV	191	78	-22%
Cottonwood, TX	191	102	2%
Eldred, IL	191	77	-23%
Sherrill, IA	191	93	-7%

Source: The Sherrill, IA cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2016.

Sherrill, IA Cost of Living