Cost of Living: Sherwood, AR vs Allen, TX

Housing

The housing market plays a significant role in determining the cost of living.

Metric Sherwood Allen
Housing Index 85.0 110.0
Median Home Price $247,000 $440,000
Average Rent (2 BR Apartment) $1000 $1800
Average Rent (2 BR House) $1028 $1845

Housing Comparison: Sherwood vs Allen

  • The median home price in Allen is higher at $440,000, compared to $247,000 in Sherwood.
  • In Allen, the rental for a two-bedroom apartment stands at $1,800, while it is $1,000 in Sherwood.

Utilities

The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.

Metric Sherwood Allen
Electricity Price $12.36 $14.47
Natural Gas Price $17.08 $26.29
Other Utilities $260 $200

Utilities Comparison: Sherwood vs Allen

  • Allen has higher electricity costs at $14.47 per kWh, versus $12.36 in Sherwood.
  • Allen experiences higher natural gas costs at $26.29 per unit, with costs at $17.08 in Sherwood.
  • Other utility costs are higher in Sherwood at an average of $260, compared to Allen with $200.