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Cost of Living Comparison 2026

๐Ÿ“ Sherwood, AR โ€” ZIP-level rent data ยท COL adjusted from Memphis, TN area

$

Numbers update automatically as you type

You'd spend $1.9K/month more in Nashville, TN

$150.0K in your current city equals $172.8K in Nashville, TN

Rent data from HUD ZIP-level estimates ยท COL index from Little Rock-North Little Rock-Conway, AR area
Overall Cost
โ†‘ 25.3%
More expensive
Monthly Impact
$1,898
Extra cost
Annual Impact
$22.8K
Per year

Based on monthly living costs (rent, groceries, utilities, transport, healthcare). Home purchase prices shown separately below.

Sherwood, AR

Population:33K
Cost Index:100
Median Home:$240K

Nashville, TN

Population:689K
Cost Index:125
Median Home:$489K

Sherwood, AR

The Natural State

33K
Population
State Tax
Yes

Located in Arkansas, this city has a population of 33K residents.

Nashville, TN

The Volunteer State

689K
Population
State Tax
No Income Tax
Climate
Humid subtropical

Notable Facts

  • โ€ขMusic City USA
  • โ€ขCountry music capital
  • โ€ขHealthcare industry hub

Major Industries

Music IndustryHealthcareTourismFinance

Cost Breakdown by Category

Annual spending: Sherwood, AR vs Nashville, TN

๐Ÿ Housing
โ†‘ 67.0%
Sherwood, AR
$1,587
Nashville, TN
$2,651
Difference
$1,064
more
๐Ÿ“ฆOther
โ†‘ 21.4%
Sherwood, AR
$1,600
Nashville, TN
$1,942
Difference
$342
more
๐Ÿš—Transportation
โ†‘ 8.1%
Sherwood, AR
$1,188
Nashville, TN
$1,284
Difference
$95.96
more
๐ŸฅHealthcare
โ†‘ 17.9%
Sherwood, AR
$515
Nashville, TN
$607
Difference
$92.32
more
๐Ÿ›’Groceries
โ†‘ 3.4%
Sherwood, AR
$918
Nashville, TN
$949
Difference
$31.00
more
โšกAll Utilities
โ†‘ 0.2%
Sherwood, AR
$518
Nashville, TN
$519
Difference
$0.93
more

๐Ÿ Rent Comparison

Studio
From$812
To$1,600
โ†‘ $788
1 Bed
From$821
To$1,680
โ†‘ $859
2 Bed
From$951
To$1,840
โ†‘ $889
3 Bed
From$1,275
To$2,350
โ†‘ $1,075
Sherwood, ARZIP-level data

1BR range: $1,010โ€“$1,010/mo

Nashville, TNZIP-level data

1BR range: $1,320โ€“$2,230/mo

๐Ÿ’ก Note: Rent prices are based on HUD Fair Market Rent data and represent median costs. Actual prices vary by neighborhood, amenities, and condition. Source: HUD Small Area Fair Market Rents FY2026.

$6,327
Monthly in Sherwood, AR
$7,952
Monthly in Nashville, TN
$1,626
Difference

Home Values

Sherwood
Nashville
$240K
Median Value
$489K
โ†‘ +2.5%
YoY Change
โ†“ -2.1%
โ†‘ +26%
5-Year Change
โ†‘ +32.1%
$240K
Price Range
$320K - $1.16M

Homes in Nashville are 104% more expensive than Sherwood

Source: Zillow Home Value Index (ZHVI), January 2026

Tax Comparison

Annual tax burden comparison at $150.0K salary

Tax Savings
โ†‘ $9.0K
Per year
Monthly Difference
$752
More take-home
Effective Rate Diff
6.0%
Rate difference

Sherwood, AR

Federal Income Tax
Effective: 18.9%
$25.5K
Arkansas State Tax
Effective: 6.0%
$9.0K
FICA Taxes
Social Security + Medicare
$11.5K
Total Taxes
Effective: 30.7%
$46.0K
Take-Home Pay
$8,664/month
$104.0K

Nashville, TN

Federal Income Tax
Effective: 18.9%
$25.5K
Tennessee State Tax
No state income tax
$0
FICA Taxes
Social Security + Medicare
$11.5K
Total Taxes
Effective: 24.7%
$37.0K
Take-Home Pay
$9,416/month
$113.0K

Additional Tax Information

Sherwood, AR Tax Rates

Sales Tax:9.4%
Property Tax:0.6%

Nashville, TN Tax Rates

Sales Tax:9.5%
Property Tax:0.7%

๐Ÿ’ก Note: Tax calculations are estimates based on 2024/2025 tax brackets for single filers with standard deduction. Actual taxes may vary based on filing status, deductions, credits, and local variations.

Environment

Sherwood
Nashville
55 Moderate
Air Quality
50 Good
34.4%
Good Air Days
51.6%
99 High
Climate Risk
97 High
๐ŸŒŠ๐ŸŒก๐Ÿซจ
Top Hazards
๐ŸŒŠ๐Ÿซจ๐ŸŒช
โ–ฒ+2.8ยฐF
2050 Outlook
โ–ฒ+2.8ยฐF
54 days
Heat Days >95ยฐF
42 days
โ–ฒ+2.8ยฐF
2050 Outlook
โ–ฒ+2.8ยฐF
54 days
Heat Days >95ยฐF
42 days

๐Ÿ’ฐ See how taxes change too โ€” compare take-home pay between Arkansas and Tennessee on TaxTakeHome.com

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