Cost of Living: Columbus, MS vs Sherwood, AR
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Columbus | Sherwood |
|---|---|---|
| Housing Index | 75.5 | 85.0 |
| Median Home Price | $186,800 | $247,000 |
| Average Rent (2 BR Apartment) | $800 | $1000 |
| Average Rent (2 BR House) | $816 | $1028 |
Housing Comparison: Columbus vs Sherwood
- The median home price in Sherwood is higher at $247,000, compared to $186,800 in Columbus.
- Renting a two-bedroom apartment costs more in Columbus at $800 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 | Columbus | Sherwood |
|---|---|---|
| Electricity Price | $13.42 | $12.36 |
| Natural Gas Price | $22.19 | $17.08 |
| Other Utilities | $200 | $260 |
Utilities Comparison: Columbus vs Sherwood
- Electricity costs are higher in Columbus at $13.42 per kWh, compared to $12.36 in Sherwood.
- Natural gas is more expensive in Columbus at $22.19 per unit, while it is cheaper at $17.08 in Sherwood.
- Sherwood has higher utility expenses, averaging $260, while Columbus averages $200.