Gatesville, TX vs Sherman, TX

Gatesville is moderately more affordable than Sherman, with a 14.5% lower cost of living index. Gatesville scores 74 compared to 86 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 Gatesville is $920/month compared to $1,177/month in Sherman — a 22% difference. Home values follow the same pattern: Gatesville is more affordable at $162,000 median vs $219,300.

Median household income in Gatesville is $54,802 compared to $60,935 in Sherman (-10.1%). The higher salaries in Sherman partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Gatesville spend roughly 20.1% of their income on rent, less than the 23.2% in Sherman.

Climate-wise, both cities share similar average temperatures (67.1°F vs 65°F). Sherman receives more rainfall at 38.3" per year compared to 36.4" in Gatesville.