Housing costs in Sherman?
A typical home costs
$608,900, which is 80.1% more expensive than the national average of
$338,100 and 68.2% more expensive than the average Connecticut home, at
$362,100. Renting a two-bedroom unit in Sherman costs
$2,350 per month, which is 64.3% more than the national average of
$1,430 and 29.4% more than the state average of
$1,660.
Can I afford Sherman?
To live comfortably in Sherman, Connecticut, a minimum annual income of
$116,640 for a family, and
$76,800 for a single person is recommended.
What does A.I. say about Sherman?
The cost of living in Sherman, CT is relatively high compared to other areas of the country. According to recent data from BestPlaces.net, the cost of living index for Sherman is 131 compared to the US Average which is 100. This means that items such as housing, groceries, utilities and transportation are more expensive than they would be elsewhere in the US. However, even with the higher prices Sherman still offers a great quality of life with access to high-quality education, amenities and recreational activities.