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Forrest City, AR vs Sherwood, AR

62
Forrest City
Arkansas
VS
-19.7%
78
Sherwood
Arkansas

There is a significant gap in the cost of living between these two cities. Forrest City is 19.7% cheaper than Sherwood. With a cost index of 62 vs 78, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Forrest City to Sherwood should plan for substantially higher expenses across most categories.

On the housing front, median rent in Forrest City is $795/month compared to $1,011/month in Sherwood — a 21% difference. Home values follow the same pattern: Forrest City is more affordable at $87,800 median vs $190,900.

Median household income in Forrest City is $33,522 compared to $79,157 in Sherwood (-57.7%). 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 Forrest City spend roughly 28.5% of their income on rent, more than the 15.3% in Sherwood.

Income & Cost

Cost of Living Index
Forrest City
62
20% cheaper
Sherwood
78
Median Household Income
Forrest City
$33,522
Sherwood
$79,157
58% higher

Housing

Median Rent
Forrest City
$795
21% cheaper
Sherwood
$1,011
Median Home Value
Forrest City
$87,800
54% cheaper
Sherwood
$190,900
Population
Forrest City
12,826
Sherwood
32,915

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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