Cost of Living in Sherwood, ND

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19%
Overall NAT. AVG.
2%
Groceries NAT. AVG.
60%
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 Sherwood North Dakota National
Cost of living8195100
Groceries9899100
Health care9999100
Housing4086100
Transportation10098100
Utilities104104100
Lifestyle & Entertainment9697100
Household Items10099100
Education & Childcare9398100
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Cost Of Living Quick Facts

  • The cost of living in Sherwood is 15% lower than the North Dakota average
  • The cost of living in Sherwood is 19% lower than the national average
  • Sherwood housing is 60% lower than the national average
  • North Dakota general sales tax is 2% lower than the national average
  • North Dakota state income tax is 58% lower than the national average

Most Affordable Places to Live in and Around Sherwood

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Compare Sherwood, ND 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$103,504$8,625$2,415$3,105
      Renters$0$0$0$0

      North Dakota Sales Tax

      State General Sales Tax With Max Surtax
      North Dakota 5% 8%

      North Dakota Income Tax

      State Income Tax (Low) Income Tax (High)
      North Dakota 1.1% 2.9%

      Nearby cities with low cost of living

      City Population Cost of Living Index National Avg.
      Loraine, ND16991.4%
      Mohall, ND6758910.9%
      Sherwood, ND2528119.1%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Moose Pass, AK25212828.3%
      Malcolm, AL2527525.0%
      McNeal, AZ2528613.8%
      Hornbrook, CA2521077.1%
      Jakin, GA2528614.2%
      Sherwood, ND2528119.1%
      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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