Cost of Living in Sherrill, IA

Cost indexes, living wages, and fair market rents — 2024 Data

Cost of Living Overview

Overall Index

116.9

100 = national avg

+16.9 vs national average

Living Wage (1 Adult)

$51,415

per year

Living Wage (Family of 4)

$121,527

per year

Cost Index by Category

Housing
98.1
Food
119.7
Transportation
139.5
Healthcare
115.8
Utilities
111.5

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$841

per month

2 Bedroom

$1,077

per month

The overall cost of living index in Sherrill is 116.9, which is 16.9% above the national average. Housing costs are below the national average at an index of 98.1. A single adult needs to earn approximately $51,415 per year to cover basic expenses.