Marion, AR vs Sherwood, AR

Marion, AR and Sherwood, AR have a very similar cost of living, with only a 4.6% difference in their overall index. Marion scores 81 while Sherwood scores 78 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 Marion is $1,058/month compared to $1,011/month in Sherwood — a 5% difference. Home values follow the same pattern: Sherwood is more affordable at $190,900 median vs $206,300.

Median household income in Marion is $80,637 compared to $79,157 in Sherwood (+1.9%). Marion does offer higher incomes, but the salary premium barely offsets the higher cost of living, leaving residents with a tighter budget. Looking at affordability, residents of Marion spend roughly 15.7% of their income on rent, more than the 15.3% in Sherwood.