Sherwood Manor, CT Cost Of Living
Cost Of Living In Sherwood Manor, CT Summary
Cost of living in Sherwood Manor research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Sherwood Manor is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in Connecticut, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:
The cost of living index in Sherwood Manor is 113, with 100 being the average.
The cost of living index in Sherwood Manor is 1.1x higher than the national average.
Sherwood Manor ranks as the #21 cheapest in Connecticut out of 55.
Sherwood Manor ranks as the #4,363 cheapest out of 6,412 in the US.
The median home value in Sherwood Manor is $201,200.
The median income in Sherwood Manor is $91,127.
Table Of Contents
Sherwood Manor's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Sherwood Manor, CT?
According to the most recent data on the cost of living, Sherwood Manor has an overall cost of living index of 113, which is 1.1x higher than the national index of 100.
Compared to Connecticut, Sherwood Manor has a cost of living index that's 1.0x lower than Connecticut's index of 114.
The standard of living in Sherwood Manor ranks as #21 most affordable out of the 55 places we measured in Connecticut. By definition, that implies Sherwood Manor ranks as the #34 most expensive place in the Constitution State.
For more reading on life in Sherwood Manor, check out:
- Living In Sherwood Manor
- Search Homes For Sale In Sherwood Manor, CT
In Connecticut
In America
Sherwood Manor Cost Of Living Vs. Connecticut
Six factors go into calculating the cost of living index in Sherwood Manor. Here is how it fairs on each of the criteria:
The Services index in Sherwood Manor is 118.
The Groceries index in Sherwood Manor is 107.
The Health index in Sherwood Manor is 106.
The Housing index in Sherwood Manor is 113.
The Transportation index in Sherwood Manor is 109.
The Utilities index in Sherwood Manor is 123.
| Living Expense | Sherwood Manor | Connecticut | National Average | |
|---|---|---|---|---|
| Overall | 113 | 114 | 100 | |
| Services | 118 | 113 | 100 | |
| Groceries | 107 | 101 | 100 | |
| Health | 106 | 107 | 100 | |
| Housing | 113 | 123 | 100 | |
| Transportation | 109 | 104 | 100 | |
| Utilities | 123 | 127 | 100 | |
Sherwood Manor, CT Housing Cost Breakdown
Housing swings affordability the most between places in Connecticut, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2017-2021. The key points are:
The Median Home Value in Sherwood Manor is $201,200.
The Median Rent in Sherwood Manor is $1,438.
The Median Income in Sherwood Manor is $91,127.
The Home Value To Income in Sherwood Manor is 2.2x.
The Rent To Monthly Income in Sherwood Manor is 0.19x.
| Statistic | Sherwood Manor | Connecticut | United States |
|---|---|---|---|
| Median Home Value | $201,200 | $286,700 | $244,900 |
| Median Rent | $1,438 | $1,260 | $1,163 |
| Median Income | $91,127 | $83,572 | $69,021 |
| Home Value To Income | 2.2x | 3.4x | 3.5x |
| Rent To Monthly Income | 0.19x | 0.18x | 0.2x |
Median Home Value
Median Rent
Median Income
Sherwood Manor, CT Costs By Category
Detailed Sherwood Manor Services Costs Vs. Connecticut
| Item | Sherwood Manor | Connecticut |
|---|---|---|
| Shampoo | $0.95 | $1.06 |
| Movie | $12.64 | $10.68 |
| Bowling | $18.88 | $14.67 |
| Haircut | $30.29 | $18.62 |
| Beauty Salon | $49.75 | $39.05 |
Detailed Sherwood Manor Groceries Costs Vs. Connecticut
| Item | Sherwood Manor | Connecticut |
|---|---|---|
| Ground Beef | $4.34 | $4.22 |
| Fried Chicken | $1.41 | $1.39 |
| Milk | $2.39 | $2.05 |
| Potatoes | $3.92 | $3.29 |
| Pizza | $9.81 | $10.62 |
| Beer | $11.01 | $9.38 |
| Toothpaste | $2.06 | $2.34 |
Detailed Sherwood Manor Health Costs Vs. Connecticut
| Item | Sherwood Manor | Connecticut |
|---|---|---|
| Optometrist | $154.87 | $108.57 |
| Doctor | $115.5 | $116.17 |
| Dentist | $104.4 | $99.13 |
Detailed Sherwood Manor Transportation Costs Vs. Connecticut
| Item | Sherwood Manor | Connecticut |
|---|---|---|
| Gasoline | $2.31 | $2.22 |
| Tire Balancing | $58.77 | $50.07 |
Detailed Sherwood Manor Utilities Costs Vs. Connecticut
| Item | Sherwood Manor | Connecticut |
|---|---|---|
| All Electricity | $240.4 | $167.67 |
| Phone | $178.6 | $175.64 |
Sherwood Manor SnackAbility
/10
Cost Of Living In Cities Around Sherwood Manor
The cost of living varies in the cities and towns around Sherwood Manor. Here's a quick look at the cost of living in the most populous nearby places:
Springfield, MA has a cost of living index of 106, 0.9x Sherwood Manor.
West Hartford, CT has a cost of living index of 129, 1.1x Sherwood Manor.
Longmeadow, MA has a cost of living index of 130, 1.2x Sherwood Manor.
| City | Population | Cost Of Living | Vs. Sherwood Manor |
|---|---|---|---|
| Springfield, MA | 155,770 | 106 | 0.9x |
| West Hartford, CT | 64,034 | 129 | 1.1x |
| Longmeadow, MA | 15,863 | 130 | 1.2x |
| Windsor Locks, CT | 12,559 | 115 | 1.0x |
| Thompsonville, CT | 8,134 | 111 | 1.0x |
| Southwood Acres, CT | 7,875 | 115 | 1.0x |
| Hazardville, CT | 6,070 | 111 | 1.0x |
