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