Cost of Living: Greensboro, NC vs Sherwood, MI
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Greensboro | Sherwood |
|---|---|---|
| Housing Index | 90.0 | Data is updating |
| Median Home Price | $303,000 | $193,000 |
| Average Rent (2 BR Apartment) | $1200 | $Data is updating |
| Average Rent (2 BR House) | $1280 | $Data is updating |
Housing Comparison: Greensboro vs Sherwood
- In Greensboro, the median home price is higher at $303,000, while in Sherwood it is $193,000.
- The rent for a two-bedroom apartment is equal in both Greensboro and Sherwood at $1,200.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Greensboro | Sherwood |
|---|---|---|
| Electricity Price | $13.72 | $19.88 |
| Natural Gas Price | $Data is updating | $15.42 |
| Other Utilities | $250 | $Data is updating |
Utilities Comparison: Greensboro vs Sherwood
- Sherwood has higher electricity costs at $19.88 per kWh, versus $13.72 in Greensboro.
- Natural gas price data is currently unavailable.
- Utility expenses are equal in both Greensboro and Sherwood averaging $250.