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Downs, IL vs Sherman, IL

90
Downs
Illinois
VS
-13%
103
Sherman
Illinois

Downs is moderately more affordable than Sherman, with a 13% lower cost of living index. Downs scores 90 compared to 103 for Sherman, where the US average is 100. This difference means residents of Sherman can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Downs is $1,250/month compared to $1,565/month in Sherman — a 20% difference. Home values follow the same pattern: Downs is more affordable at $237,700 median vs $291,300.

Median household income in Downs is $106,809 compared to $147,025 in Sherman (-27.4%). While Sherman is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Downs spend roughly 14% of their income on rent, more than the 12.8% in Sherman.

Income & Cost

Cost of Living Index
Downs
90
13% cheaper
Sherman
103
Median Household Income
Downs
$106,809
Sherman
$147,025
27% higher

Housing

Median Rent
Downs
$1,250
20% cheaper
Sherman
$1,565
Median Home Value
Downs
$237,700
18% cheaper
Sherman
$291,300
Population
Downs
1,451
Sherman
4,211

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Downs $2.85
Sherman $2.85
US $3.07
🥚
Eggs (grade A, large)
Downs $2.33
Sherman $2.33
US $2.50
🥛
Milk (whole)
Downs $3.75
Sherman $3.75
US $4.03
🍞
Bread (white)
Downs $1.72
Sherman $1.72
US $1.85
🍗
Chicken breast
Downs $3.86
Sherman $3.86
US $4.14
Electricity
Downs $0.16
Sherman $0.17
US $0.19