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Murfreesboro, AR vs Sheridan, AR

56
Murfreesboro
Arkansas
VS
-19.2%
69
Sheridan
Arkansas

There is a significant gap in the cost of living between these two cities. Murfreesboro is 19.2% cheaper than Sheridan. With a cost index of 56 vs 69, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Murfreesboro to Sheridan should plan for substantially higher expenses across most categories.

On the housing front, median rent in Murfreesboro is $536/month compared to $757/month in Sheridan — a 29% difference. Home values follow the same pattern: Murfreesboro is more affordable at $105,500 median vs $182,300.

Median household income in Murfreesboro is $48,125 compared to $61,025 in Sheridan (-21.1%). While Sheridan is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Murfreesboro spend roughly 13.4% of their income on rent, less than the 14.9% in Sheridan.

Income & Cost

Cost of Living Index
Murfreesboro
56
19% cheaper
Sheridan
69
Median Household Income
Murfreesboro
$48,125
Sheridan
$61,025
21% higher

Housing

Median Rent
Murfreesboro
$536
29% cheaper
Sheridan
$757
Median Home Value
Murfreesboro
$105,500
42% cheaper
Sheridan
$182,300
Population
Murfreesboro
1,815
Sheridan
5,063

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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