Sherman, TX vs Dickson, TN

Sherman, TX and Dickson, TN have a very similar cost of living, with only a 0.2% difference in their overall index. Sherman scores 86 while Dickson 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 Sherman is $1,177/month compared to $999/month in Dickson — a 18% difference. Interestingly, home values tell a different story: while Dickson has cheaper rent, Sherman actually has lower median home values ($219,300 vs $263,100).

Median household income in Sherman is $60,935 compared to $69,074 in Dickson (-11.8%). Dickson offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Sherman spend roughly 23.2% of their income on rent, more than the 17.4% in Dickson.