Cost of Living in Sheridan, OR
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
114.0
100 = national avg
+14.0 vs national average
Living Wage (1 Adult)
$50,171
per year
Living Wage (Family of 4)
$118,586
per year
Cost Index by Category
Housing128.2
Food103.0
Transportation112.1
Healthcare102.4
Utilities107.4
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,677
per month
2 Bedroom
$1,922
per month
The overall cost of living index in Sheridan is 114.0, which is 14.0% above the national average. Housing costs are above the national average at an index of 128.2. A single adult needs to earn approximately $50,171 per year to cover basic expenses.