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Arthur, IL vs Sherrard, IL

71
Arthur
Illinois
VS
+6.8%
67
Sherrard
Illinois

Sherrard is moderately more affordable than Arthur, with a 6.8% lower cost of living index. Arthur scores 71 compared to 67 for Sherrard, where the US average is 100. This difference means residents of Arthur can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Arthur is $841/month compared to $813/month in Sherrard — a 3% difference. Home values follow the same pattern: Sherrard is more affordable at $130,400 median vs $146,200.

Median household income in Arthur is $52,115 compared to $86,932 in Sherrard (-40.1%). Sherrard offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Arthur spend roughly 19.4% of their income on rent, more than the 11.2% in Sherrard.

Income & Cost

Cost of Living Index
Arthur
71
Sherrard
67
6% cheaper
Median Household Income
Arthur
$52,115
Sherrard
$86,932
40% higher

Housing

Median Rent
Arthur
$841
Sherrard
$813
3% cheaper
Median Home Value
Arthur
$146,200
Sherrard
$130,400
11% cheaper
Population
Arthur
2,024
Sherrard
705

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Arthur
Sherrard $2.95
US $3.07
🥚
Eggs (grade A, large)
Arthur
Sherrard $2.41
US $2.50
🥛
Milk (whole)
Arthur
Sherrard $3.88
US $4.03
🍞
Bread (white)
Arthur
Sherrard $1.78
US $1.85
🍗
Chicken breast
Arthur
Sherrard $3.99
US $4.14
Electricity
Arthur
Sherrard $0.18
US $0.19