Cost of Living: Fort Smith, AR vs Sherwood, AR
Quick rent-and-take-home comparison
Using a baseline of $70,000/yr gross, take-home is about $4,230/mo in Fort Smith, AR versus $4,230/mo in Sherwood, AR. In the model, rent is about 12.41% of gross in Fort Smith, AR versus 14.73% in Sherwood, AR, so Fort Smith, AR tends to feel more affordable for rent.
Compare cost of living, rent, housing prices, and salary affordability between Fort Smith, AR and Sherwood, AR.
At a glance
- Cheaper overall (lower cost-of-living index): Sherwood, AR
- Lower rent (median 1BR/2BR): Fort Smith, AR
- Lower home prices: Fort Smith, AR
- Higher median household income: Sherwood, AR
Cost of Living Index
Fort Smith, AR: 100 (U.S. = 100) · Sherwood, AR: 100 (U.S. = 100)
Both cities have the same cost-of-living index (U.S. average = 100).
Median Rent
Fort Smith, AR: $810/mo (midpoint of 1BR/2BR) · Sherwood, AR: $961/mo
Median rent in Sherwood, AR is $151/mo higher than in Fort Smith, AR.
Median Home Price
Fort Smith, AR: $168,100 · Sherwood, AR: $190,900
Median home price in Sherwood, AR is $22,800 higher than in Fort Smith, AR.
Median Household Income
Fort Smith, AR: $52,692 · Sherwood, AR: $79,157
Sherwood, AR has a higher median household income than Fort Smith, AR by $26,465.
Fort Smith, AR overview · Sherwood, AR overview · Popular comparisons