Cost of Living in Sherman, NY

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18%
Overall NAT. AVG.
3%
Groceries NAT. AVG.
57%
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 Sherman New York National
Cost of living82121100
Groceries97106100
Health care97110100
Housing43144100
Transportation101113100
Utilities101112100
Lifestyle & Entertainment96111100
Household Items102106100
Education & Childcare98118100
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Homes For Sale In Sherman, NY

property for sale

141 Kipp St

Sherman, NY
property for sale

2861 N Rd

Sherman, NY
property for sale

VL Kidder Rd

, NY
property for sale

3200 Clymer Sherman Rd

Sherman, NY

Cost Of Living Quick Facts

  • The cost of living in Sherman is 32% lower than the New York average
  • The cost of living in Sherman is 18% lower than the national average
  • Sherman housing is 57% lower than the national average
  • New York general sales tax is 22% lower than the national average
  • New York state income tax is 54% higher than the national average

Most Affordable Places to Live in and Around Sherman

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Compare Sherman, NY Cost of Living

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      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$76,526$6,377$1,785$2,296
      Renters$44,258$3,688$1,033$1,328

      New York Sales Tax

      State General Sales Tax With Max Surtax
      New York 4% 8.875%

      New York Income Tax

      State Income Tax (Low) Income Tax (High)
      New York 4% 10.9%

      Nearby cities with low cost of living

      City Population Cost of Living Index National Avg.
      Chautauqua, NY311991.2%
      Ripley, NY8638118.5%
      Westfield, NY2,8528316.8%
      Panama, NY4238415.9%
      Wattsburg, PA4478514.9%
      Sherman, NY5888218.1%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Buena Vista, CA58811111.4%
      Coolidge, GA588909.8%
      Newton, GA5888317.0%
      Gilmore City, IA5888020.1%
      Pollock, LA5888812.0%
      Sherman, NY5888218.1%
      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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