Groves, TX vs Sherman, TX
Groves, TX and Sherman, TX have a very similar cost of living, with only a 4.4% difference in their overall index. Groves scores 82 while Sherman scores 86 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.
On the housing front, median rent in Groves is $1,247/month compared to $1,177/month in Sherman — a 6% difference. Interestingly, home values tell a different story: while Sherman has cheaper rent, Groves actually has lower median home values ($153,800 vs $219,300).
Median household income in Groves is $70,485 compared to $60,935 in Sherman (+15.7%). Groves offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Groves spend roughly 21.2% of their income on rent, less than the 23.2% in Sherman.
Climate-wise, Groves is notably warmer with an average of 69.9°F compared to 65°F in Sherman. Groves receives more rainfall at 62.1" per year compared to 38.3" in Sherman.
Income & Cost
Housing
Salary Equivalency Calculator
What does your salary in one city buy you in the other?
Everyday Prices
BLS Average Prices by metro area
Climate
NOAA 30-year normals (1991-2020)