Cost of Living in Sheridan, AR
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
90.6
100 = national avg
-9.4 vs national average
Living Wage (1 Adult)
$39,881
per year
Living Wage (Family of 4)
$94,263
per year
Cost Index by Category
Housing82.8
Food96.6
Transportation93.3
Healthcare97.3
Utilities94.5
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$800
per month
2 Bedroom
$968
per month
The overall cost of living index in Sheridan is 90.6, which is 9.4% below the national average. Housing costs are below the national average at an index of 82.8. A single adult needs to earn approximately $39,881 per year to cover basic expenses.