CostByCity

Phoenix, AZ vs Sherman, TX

Cost of Living Comparison

Sherman, TX is more affordable by 9.5 index points

Side-by-Side Comparison

CategoryPhoenix, AZSherman, TXDifference
Overall103.393.8+9.5
Housing121.289.5+31.8
Goods95.093.8+1.3
Utilities93.383.3+10.0
Other Services104.096.2+7.8

Income & Housing Comparison

MetricPhoenix, AZSherman, TX
Median Household Income$79,935$66,608
Median Home Value$360,600$206,900
Median Monthly Rent$1,432$1,096
Per Capita Income$40,787$34,643

Frequently Asked Questions

Is Phoenix, AZ or Sherman, TX cheaper to live in?
Sherman, TX is more affordable. The cost of living difference is 9.5 index points (Phoenix, AZ: 103.3, Sherman, TX: 93.8).
Where is housing cheaper, Phoenix, AZ or Sherman, TX?
Housing is more affordable in Sherman, TX. Housing index: Phoenix, AZ (121.2) vs Sherman, TX (89.5).