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Fort Smith, AR vs Sherwood, AR

69
Fort Smith
Arkansas
VS
-10.5%
78
Sherwood
Arkansas

Fort Smith is moderately more affordable than Sherwood, with a 10.5% lower cost of living index. Fort Smith scores 69 compared to 78 for Sherwood, where the US average is 100. This difference means residents of Sherwood can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Fort Smith is $852/month compared to $1,011/month in Sherwood — a 16% difference. Home values follow the same pattern: Fort Smith is more affordable at $168,100 median vs $190,900.

Median household income in Fort Smith is $52,692 compared to $79,157 in Sherwood (-33.4%). 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 Fort Smith spend roughly 19.4% of their income on rent, more than the 15.3% in Sherwood.

Income & Cost

Cost of Living Index
Fort Smith
69
11% cheaper
Sherwood
78
Median Household Income
Fort Smith
$52,692
Sherwood
$79,157
33% higher

Housing

Median Rent
Fort Smith
$852
16% cheaper
Sherwood
$1,011
Median Home Value
Fort Smith
$168,100
12% cheaper
Sherwood
$190,900
Population
Fort Smith
89,496
Sherwood
32,915

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Fort Smith $2.86
Sherwood $2.85
US $3.07
🥚
Eggs (grade A, large)
Fort Smith $2.33
Sherwood $2.33
US $2.50
🥛
Milk (whole)
Fort Smith $3.75
Sherwood $3.75
US $4.03
🍞
Bread (white)
Fort Smith $1.72
Sherwood $1.72
US $1.85
🍗
Chicken breast
Fort Smith $3.86
Sherwood $3.86
US $4.14
Electricity
Fort Smith $0.15
Sherwood $0.16
US $0.19