CostByCity

Miami, FL vs Sherman, TX

Cost of Living Comparison

Sherman, TX is more affordable by 20.4 index points

Side-by-Side Comparison

CategoryMiami, FLSherman, TXDifference
Overall114.293.8+20.4
Housing155.689.5+66.1
Goods103.693.8+9.8
Utilities97.283.3+13.9
Other Services109.196.2+12.9

Income & Housing Comparison

MetricMiami, FLSherman, TX
Median Household Income$69,085$66,608
Median Home Value$369,500$206,900
Median Monthly Rent$1,657$1,096
Per Capita Income$39,957$34,643

Frequently Asked Questions

Is Miami, FL or Sherman, TX cheaper to live in?
Sherman, TX is more affordable. The cost of living difference is 20.4 index points (Miami, FL: 114.2, Sherman, TX: 93.8).
Where is housing cheaper, Miami, FL or Sherman, TX?
Housing is more affordable in Sherman, TX. Housing index: Miami, FL (155.6) vs Sherman, TX (89.5).