City comparison
Cost indices by category, with the US city average (100) marked.
Index: 100 = US city average. Lower is more affordable.
Side-by-side costs, salaries, and sub-category indices.
| Metric | Phoenix | Sherman | Difference |
|---|---|---|---|
| Median rent | $1,322/mo | $1,109/mo | 19.2% higher in A |
| Median home value | $340,200 | $197,400 | 72.3% higher in A |
| Median household income | $72,092 | $58,020 | 24.3% higher in A |
| Groceries index | 97.7 | 95.2 | 2.6% higher in A |
| Utilities index | 102.9 | 86.8 | 18.5% higher in A |
| Transportation index | 104.2 | 97.5 | 6.8% higher in A |
| Healthcare index | 104.0 | 95.8 | 8.6% higher in A |
How much you'd need to earn in the other city to keep the same standard of living.
If you earn $100,000 in Phoenix, you'd need $85,468 in Sherman to maintain your standard of living.
Climate, safety, and demographics side by side.
Sherman, TX is about 14.5% cheaper overall than Phoenix, AZ, based on our cost-of-living index. Housing costs are roughly 23% lower in Sherman than in Phoenix. If you earn $80,000 in Phoenix, you'd need about $68,375 in Sherman to keep the same standard of living.