Cost of Living in Sheridan, MO

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26%
Overall NAT. AVG.
5%
Groceries NAT. AVG.
77%
Housing NAT. AVG.
Date & Last Updated: These cost of living estimates reflect 2026 modeled data using U.S. Census housing inputs and AI-assisted city-level pricing models.
The cost of living index is based on a national average of 100. For example, if the cost of living score is 90, then the estimated cost of living is 10% lower than the national average. If the score is 110, then the estimated cost of living is 10% higher than average. The overall index is calculated using weighted estimates across major everyday expense categories, including housing (30%), groceries (16%), transportation (12%), healthcare (10%), utilities (8%), lifestyle and entertainment (8%), household expenses (8%), and education and childcare (8%). All values are AI-assisted city-level estimates designed for directional comparisons.
Index Sheridan Missouri National
Cost of living7490100
Groceries9596100
Health care9797100
Housing2377100
Transportation9596100
Utilities9795100
Lifestyle & Entertainment9995100
Household Items9797100
Education & Childcare9395100
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Cost Of Living Quick Facts

  • The cost of living in Sheridan is 18% lower than the Missouri average
  • The cost of living in Sheridan is 26% lower than the national average
  • Sheridan housing is 77% lower than the national average
  • Missouri general sales tax is 17% lower than the national average
  • Missouri state income tax is 23% lower than the national average

Most Affordable Places to Live in and Around Sheridan

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Compare Sheridan, MO Cost of Living

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      Health care index
      Housing index
      Transportation index
      Utilities index
      Lifestyle index
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      Educare index

      Median Income & Debt-To-Income Ratio

      Median Income Per Year Per Month Max Budget (28% DTI) Max Budget (36% DTI)
      Owners$50,850$4,238$1,186$1,526
      Renters$35,434$2,953$827$1,063

      Missouri Sales Tax

      State General Sales Tax With Max Surtax
      Missouri 4.225% 10.85%

      Missouri Income Tax

      State Income Tax (Low) Income Tax (High)
      Missouri 2% 4.95%

      Nearby cities with low cost of living

      City Population Cost of Living Index National Avg.
      Irena, MO10964.1%
      Redding, IA48964.1%
      Maloy, IA24964.1%
      Athelstan, IA4964.1%
      Worth, MO707129.2%
      Sheridan, MO2127426.0%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Dell, AR2128020.0%
      Watson, AR2128119.3%
      College City, CA21211616.4%
      Phippsburg, CO2121076.8%
      Woodside, DE212982.4%
      Sheridan, MO2127426.0%
      Date & Last Updated: These cost of living estimates reflect 2026 modeled data using U.S. Census housing inputs and AI-assisted city-level pricing models.
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