Cost of Living in Sherman, NY
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
75.9
100 = national avg
-24.1 vs national average
Living Wage (1 Adult)
$33,388
per year
Living Wage (Family of 4)
$78,917
per year
Cost Index by Category
Housing65.1
Food87.4
Transportation74.8
Healthcare89.9
Utilities85.5
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$754
per month
2 Bedroom
$975
per month
The overall cost of living index in Sherman is 75.9, which is 24.1% below the national average. Housing costs are below the national average at an index of 65.1. A single adult needs to earn approximately $33,388 per year to cover basic expenses.