Sherwood 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.
IndexSherwoodNorth DakotaNational
Cost of living index8293100
IndexSherwoodNorth DakotaNational
Goods & Services index10399100
Groceries index108105100
Health care index108109100
Housing index3879100
Transportation index100100100
Utilities index8790100

Did you know?

  • The cost of living in Sherwood is 12% lower than the North Dakota average.
  • The cost of living in Sherwood is 18% lower than the national average.
  • The cost of housing in Sherwood is 62% lower than the national average.
  • North Dakota general sales tax is 2% lower than the national average.
  • North Dakota state income tax is 45% lower than the national average.

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Compare Sherwood, ND Cost of living To Other Cities

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Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$66,875$5,573$1,560$2,006
Renters$26,111$2,176$609$783

North Dakota Sales Tax

StateGeneral Sales TaxWith Max Surtax
North Dakota5%8%

North Dakota Income Tax

StateIncome Tax (Low)Income Tax (High)
North Dakota1.22%3.22%

Goods & Services

ItemSherwoodNational avg.Difference
Haircut $14.00$14.594.1%
Beauty Salon $23.33$34.6832.7%
Toothpaste $3.55$2.4743.5%
Shampoo $1.16$1.0213.5%
Movie $10.75$9.878.9%
Bowling $4.25$4.393.2%

Groceries

ItemSherwoodNational avg.Difference
Ground Beef $4.38$4.482.2%
Fried Chicken $1.69$1.4615.4%
Milk $2.84$2.3620.5%
Potatoes $3.18$3.063.9%
Pizza $11.00$9.2419.0%
Beer $8.16$8.635.5%

Health Care

ItemSherwoodNational avg.Difference
Optometrist $98.00$99.781.8%
Doctor $146.67$105.0339.6%
Dentist $77.33$88.7012.8%
Ibuprofen $9.65$9.412.5%
Lipitor $326.26$298.509.3%

Housing

ItemSherwoodNational avg.Difference
Home Price $60,500.00$175,700.0065.6%
Avg. Mortgage Payment $1,111.92$1,081.032.9%
Apartment Rent $413.00$920.0055.1%

Transportation

ItemSherwoodNational avg.Difference
Gasoline $2.00$2.094.4%
Tire Balancing $50.28$45.2911.0%

Utilities

ItemSherwoodNational avg.Difference
All Electricity$150.00$170.8012.2%
Phone $23.97$28.2615.2%
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.
Loraine, ND01022%
Mohall, ND75988-12%
Sherwood, ND23382-18%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Garfield, MN23392-8%
Evening Shade, OK23380-20%
Brainards, NJ23311313%
Moshannon, PA23387-13%
Williams, MN23377-23%
Sherwood, ND23382-18%
Source: The Sherwood, ND cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.