Cost of Living in Sherman, TX
Overall index: 78 (100 = US national average). Data source: US Census ACS 2023 & BLS OEWS 2025, 2025.
Overall Cost of Living Index
Cost Breakdown by Category
| Category | Index | vs US avg | Sample cost |
|---|---|---|---|
| Housing | 63 | -37% | $824 |
| Transportation | 99 | -1% | $3.50 |
| Food | 82 | -18% | $336 |
| Utilities | 82 | -18% | $113 |
| Healthcare | 82 | -18% | $82 |
Index 100 = US national average. Higher = more expensive.
Cost breakdown (visual)
Salary Calculator: What do you need to earn in Sherman?
A single adult living comfortably in Sherman, TX needs approximately $27,300 / year after taxes.
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Frequently Asked Questions
What is the cost of living in Sherman, TX?
The overall cost of living in Sherman, TX is 22% lower than the US national average (index: 78 where 100 = national average).
How much is rent in Sherman, TX?
Average rent for a 1-bedroom apartment in Sherman, TX is about $824/month.
Is Sherman, TX expensive to live in?
No, Sherman, TX is affordable (below national average).
What salary do I need to live in Sherman, TX?
A single adult needs roughly $27,300/year to cover basic living costs in Sherman, TX.