Cost of Living: Durham, NC vs Sherwood, OH
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Durham | Sherwood |
|---|---|---|
| Housing Index | 95.0 | Data is updating |
| Median Home Price | $334,000 | $203,000 |
| Average Rent (2 BR Apartment) | $1500 | $Data is updating |
| Average Rent (2 BR House) | $1600 | $Data is updating |
Housing Comparison: Durham vs Sherwood
- In Durham, the median home price is higher at $334,000, while in Sherwood it is $203,000.
- The rent for a two-bedroom apartment is equal in both Durham and Sherwood at $1,500.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Durham | Sherwood |
|---|---|---|
| Electricity Price | $13.72 | $15.92 |
| Natural Gas Price | $Data is updating | $Data is updating |
| Other Utilities | $250 | $Data is updating |
Utilities Comparison: Durham vs Sherwood
- Sherwood has higher electricity costs at $15.92 per kWh, versus $13.72 in Durham.
- Natural gas price data is currently unavailable.
- Utility expenses are equal in both Durham and Sherwood averaging $250.