Addison, TX vs Sherman, TX

The cost of living difference between Addison, TX and Sherman, TX is dramatic. Sherman is 46.7% cheaper than Addison, a gap that translates to thousands of dollars per year in household expenses. Addison has a cost index of 126 while Sherman sits at 86, making this one of the more striking comparisons on our site. Relocating between these cities would require a serious reassessment of budget and lifestyle expectations.

On the housing front, median rent in Addison is $1,717/month compared to $1,177/month in Sherman — a 46% difference. Home values follow the same pattern: Sherman is more affordable at $219,300 median vs $466,000.

Median household income in Addison is $82,858 compared to $60,935 in Sherman (+36%). The higher salaries in Addison partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Addison spend roughly 24.9% of their income on rent, more than the 23.2% in Sherman.