Overall
93.8
-6.2 below avg
Metro cost profile · 2024 BEA RPP
Sherman-Denison, TX
Cost-of-living indicators for Sherman-Denison, TX, from Bureau of Economic Analysis Regional Price Parities — overall, goods, services, and rents vs the U.S. average of 100.
- 93.8
- Overall RPP
- #188
- of 387 metros
- 89.5
- Rents RPP
- $107K
- $100K national buys
The verdict
Sherman costs less than 49% of U.S. metros — an overall index of 93.8, 6.2% below the national average, with services the biggest swing at 83.3.
- 93.8
- overall cost index (US average = 100)
- #188
- most expensive of 387 U.S. metros
- bottom 51%
- by overall cost, nationwide
- 89.5
- rents RPP — the biggest budget swing
A $100,000 national salary carries the purchasing power of about $106,643 here; matching a $100K lifestyle takes roughly $93,771.
What the Numbers Mean for Sherman
Sherman ranks #188 of 387 U.S. metro areas measured by the Bureau of Economic Analysis, placing it in the upper half by cost. With an overall Regional Price Parity of 93.8, Sherman-Denison, TX is 6.2% less expensive than the national baseline of 100. The gap between Sherman's most and least expensive categories — the priciest line item versus services at 83.3 — is what drives the household budget experience on the ground, not the single headline number.
Translated into dollars, a nationally-benchmarked $100,000 salary carries the purchasing power of $106,643 inside Sherman, while a household needs roughly $93,771 here to match a $100K lifestyle elsewhere. Rents carry the biggest swing in the BEA formula and are indexed at 89.5 — 10.5% below the national average — so anyone weighing a move or a remote-work arbitrage should treat the housing line as the single largest variable in the equation.
Looking at the 2008-2024 trajectory, Sherman's overall index has risen by 2.4 points, signaling tightening affordability. For the 2024 data year, goods are indexed at 93.8 and services at 83.3, meaning everyday spending in Sherman is governed more by the services and rent mix than by retail goods prices. Readers comparing multiple destinations should always pair the RPP headline with local wage data and housing costs before drawing relocation conclusions.
Sherman vs every U.S. metro
Where this metro sits in the national cost distribution
94 Top 49% higher than 51% of 387 US metros
Each bar is a band; taller bars hold more US metros. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count, share, and where it sits relative to this entry.
Source U.S. Bureau of Economic Analysis — Regional Price Parities · 2024
Sherman cost breakdown
BEA RPP by category — 100 = national average
- Rents
Rents
89.5 RPP
- Services
Services
83.3 RPP
- Overall
Overall
93.8 RPP
- Goods
Goods
93.8 RPP
What this shows Sherman's gap from the national average is led by services at 83.3. Goods barely move between metros; the spread you feel is housing and services.
Goods vs. housing — where Sherman's cost comes from
Metros near Sherman's overall cost, plotted by their goods price (horizontal) and housing price (vertical). Same headline RPP, very different structures.
Crosshairs sit at the group median (goods 95.4, rents 79.6). Sherman is more housing-led than its peers — its rents run higher than its goods. These metros sit near Sherman's overall cost, yet they spread across the chart — proof that two places at the same headline RPP can have very different goods-vs-housing structures.
Price Index Summary
Goods
93.8
-6.2 below avg
Services
83.3
-16.7 below avg
Rents
89.5
-10.5 below avg
Salary Equivalent
A $100,000 salary at the national average cost of living equals:
$93,771
in Sherman-Denison, TX purchasing power
$50,000 nationally
$46,886
$75,000 nationally
$70,328
$125,000 nationally
$117,214
$150,000 nationally
$140,657
$200,000 nationally
$187,542
Use the salary calculator for custom amounts.
RPP History (2008-2024)
The cost of living has been trending upward, increasing by 2.4 points over this period.
| Year | Overall |
|---|---|
| 2008 | 91.4 |
| 2009 | 91.8 |
| 2010 | 94.9 |
| 2011 | 93.3 |
| 2012 | 94.2 |
| 2013 | 93.4 |
| 2014 | 94.3 |
| 2015 | 93.3 |
| 2016 | 95.4 |
| 2017 | 95.3 |
| 2018 | 92.6 |
| 2019 | 92.4 |
| 2020 | 92.4 |
| 2021 | 92.8 |
| 2022 | 92.5 |
| 2023 | 92.4 |
| 2024 | 93.8 |
Metros with Similar Cost of Living
These metros have an overall RPP closest to Sherman-Denison, TX's index of 93.8.
Other TX Metros
What this means for Sherman
How to read Sherman's cost of living before a move, a job offer, or a budget.
- Budget to local prices, not headline pay — a $100K national salary spends like about $106,643 in Sherman. Salary calculator
- Weigh housing heaviest: rents here index at 89.5 (10.5% below average) — the single largest swing in the RPP, while goods barely move between metros.
- Local median household income is $70,455; adjusted for Sherman's price level that is about $75,135 in national-average buying power.
- Compare Sherman head-to-head against a specific destination before you decide. Compare metros
RPP is BEA's annual price-level benchmark for the data year shown — not a live market quote. Pair it with current local wages and housing costs before deciding.
Compare to Other Metros
Cost of Living Guides
Cheapest Metros to Live in 2026
Official BEA data on the most affordable areas
Most Expensive Cities: 2026 Rankings
What drives high costs and how to cope
Salary Negotiation Using RPP Data
Calculate real purchasing power for negotiations
Comparing Metro Areas
Step-by-step BEA RPP comparison walkthrough
Frequently Asked Questions
What is the cost of living in Sherman-Denison, TX? ▼
Sherman-Denison, TX has a Regional Price Parity (RPP) index of 93.8, meaning it is 6.2% less expensive than the national average. Goods are indexed at 93.8, services at 83.3, and rents at 89.5. It ranks #188 out of 387 U.S. metro areas by overall cost.
What salary do I need in Sherman-Denison, TX to match $100K nationally? ▼
To maintain the same purchasing power as a $100,000 salary at the national average, you would need approximately $93,771 in Sherman-Denison, TX. Conversely, $100K earned in Sherman-Denison, TX has the purchasing power of $106,643 at the national average.
How expensive is rent in Sherman-Denison, TX? ▼
Rents in Sherman-Denison, TX are indexed at 89.5, which is 10.5% below the national average. This makes the area relatively affordable for renters.
Is Sherman-Denison, TX getting more expensive? ▼
From 2008 to 2024, Sherman-Denison, TX's overall cost index changed by +2.4 points (from 91.4 to 93.8). The cost of living has been trending upward.
What metros have a similar cost of living to Sherman-Denison, TX? ▼
Metros with the most similar overall cost index include Warner Robins, Casper, Janesville-Beloit. These areas have RPP values within a few points of Sherman-Denison, TX's 93.8.
Source: Bureau of Economic Analysis, Regional Price Parities by Metropolitan Statistical Area (2024). Index where national average = 100.
Related
Data sourced from official public datasets. See our methodology for details. Retrieved and formatted by PlainCost Editorial
Disclaimer: This information is provided for informational purposes only and does not constitute professional advice. Data is sourced from the Bureau of Economic Analysis (BEA). Consult a qualified professional before making decisions based on this data.
Read our methodology — how this data is sourced, computed, and verified.
Federal data behind these figures
- BEA Regional Price Parities (RPP) — the cost-of-living indices shown on this page. bea.gov/data/regional-price-parities
- U.S. Census Bureau, American Community Survey (ACS) — the gross-rent observations BEA uses to build the rents component. census.gov/programs-surveys/acs
- BLS Consumer Price Index (CPI) — the price program underlying BEA's goods and services price relatives. bls.gov/cpi
- BLS Occupational Employment and Wage Statistics (OEWS) — wage reference for the labor-driven services component. bls.gov/oes
- HUD Fair Market Rents (FMR) — federal 40th-percentile rent cross-reference for the housing component. huduser.gov/datasets/fmr
