Cost of Living: Fresno, CA vs Sherwood, AR
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Fresno | Sherwood |
|---|---|---|
| Housing Index | 120.5 | 85.0 |
| Median Home Price | $355,000 | $247,000 |
| Average Rent (2 BR Apartment) | $1800 | $1000 |
| Average Rent (2 BR House) | $1850 | $1028 |
Housing Comparison: Fresno vs Sherwood
- In Fresno, the median home price is higher at $355,000, while in Sherwood it is $247,000.
- Renting a two-bedroom apartment costs more in Fresno at $1,800 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 | Fresno | Sherwood |
|---|---|---|
| Electricity Price | $32.99 | $12.36 |
| Natural Gas Price | $16.99 | $17.08 |
| Other Utilities | $250 | $260 |
Utilities Comparison: Fresno vs Sherwood
- Electricity costs are higher in Fresno at $32.99 per kWh, compared to $12.36 in Sherwood.
- Sherwood experiences higher natural gas costs at $17.08 per unit, with costs at $16.99 in Fresno.
- Sherwood has higher utility expenses, averaging $260, while Fresno averages $250.