Sherman, TX vs Taylor, TX
Sherman, TX and Taylor, TX have a very similar cost of living, with only a 4.9% difference in their overall index. Sherman scores 86 while Taylor scores 90 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 $1,181/month in Taylor — a 0% difference. Home values follow the same pattern: Sherman is more affordable at $219,300 median vs $246,800.
Median household income in Sherman is $60,935 compared to $71,665 in Taylor (-15%). While Taylor is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Sherman spend roughly 23.2% of their income on rent, more than the 19.8% in Taylor.
Climate-wise, Taylor is notably warmer with an average of 70°F compared to 65°F in Sherman. Sherman receives more rainfall at 38.3" per year compared to 36.3" in Taylor.
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)