Cost of Living: Ada, OK vs Sherwood, AR
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Ada | Sherwood |
|---|---|---|
| Housing Index | 78.0 | 85.0 |
| Median Home Price | $136,000 | $247,000 |
| Average Rent (2 BR Apartment) | $950 | $1000 |
| Average Rent (2 BR House) | $1025 | $1028 |
Housing Comparison: Ada vs Sherwood
- The median home price in Sherwood is higher at $247,000, compared to $136,000 in Ada.
- Renting a two-bedroom apartment costs more in Ada at $950 than in Sherwood at $1,000.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Ada | Sherwood |
|---|---|---|
| Electricity Price | $12.37 | $12.36 |
| Natural Gas Price | $20.27 | $17.08 |
| Other Utilities | $200 | $260 |
Utilities Comparison: Ada vs Sherwood
- Electricity costs are higher in Ada at $12.37 per kWh, compared to $12.36 in Sherwood.
- Natural gas is more expensive in Ada at $20.27 per unit, while it is cheaper at $17.08 in Sherwood.
- Sherwood has higher utility expenses, averaging $260, while Ada averages $200.