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Corvallis, OR vs Sherwood, OR

117
Corvallis
Oregon
VS
-18.1%
143
Sherwood
Oregon

There is a significant gap in the cost of living between these two cities. Corvallis is 18.1% cheaper than Sherwood. With a cost index of 117 vs 143, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Corvallis to Sherwood should plan for substantially higher expenses across most categories.

On the housing front, median rent in Corvallis is $1,342/month compared to $1,967/month in Sherwood — a 32% difference. Home values follow the same pattern: Corvallis is more affordable at $480,600 median vs $564,200.

Median household income in Corvallis is $63,807 compared to $110,616 in Sherwood (-42.3%). While Sherwood is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Corvallis spend roughly 25.2% of their income on rent, more than the 21.3% in Sherwood.

Climate-wise, both cities share similar average temperatures (52.2°F vs 54.8°F). Corvallis receives more rainfall at 41.5" per year compared to 39.6" in Sherwood.

Income & Cost

Cost of Living Index
Corvallis
117
18% cheaper
Sherwood
143
Median Household Income
Corvallis
$63,807
Sherwood
$110,616
42% higher

Housing

Median Rent
Corvallis
$1,342
32% cheaper
Sherwood
$1,967
Median Home Value
Corvallis
$480,600
15% cheaper
Sherwood
$564,200
Population
Corvallis
60,424
Sherwood
20,227

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Corvallis $3.21
Sherwood $3.21
US $3.07
🥚
Eggs (grade A, large)
Corvallis $2.62
Sherwood $2.62
US $2.50
🥛
Milk (whole)
Corvallis $4.22
Sherwood $4.22
US $4.03
🍞
Bread (white)
Corvallis $1.94
Sherwood $1.94
US $1.85
🍗
Chicken breast
Corvallis $4.34
Sherwood $4.34
US $4.14
Electricity
Corvallis $0.17
Sherwood $0.17
US $0.19

Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Corvallis 52.2°F
Sherwood 54.8°F
Summer High
Corvallis 82°F
Sherwood 83°F
Winter Low
Corvallis 34°F
Sherwood 36°F
Rainfall
Corvallis 41.5"
Sherwood 39.6"
Rainy Days
Corvallis 143d
Sherwood 166d