Cost of Living: Lancaster, OH vs Sherwood, AR
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Lancaster | Sherwood |
|---|---|---|
| Housing Index | Data is updating | 85.0 |
| Median Home Price | $223,000 | $247,000 |
| Average Rent (2 BR Apartment) | $Data is updating | $1000 |
| Average Rent (2 BR House) | $Data is updating | $1028 |
Housing Comparison: Lancaster vs Sherwood
- The median home price in Sherwood is higher at $247,000, compared to $223,000 in Lancaster.
- The rent for a two-bedroom apartment is equal in both Lancaster and Sherwood at $0.0.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Lancaster | Sherwood |
|---|---|---|
| Electricity Price | $15.92 | $12.36 |
| Natural Gas Price | $Data is updating | $17.08 |
| Other Utilities | $Data is updating | $260 |
Utilities Comparison: Lancaster vs Sherwood
- Electricity costs are higher in Lancaster at $15.92 per kWh, compared to $12.36 in Sherwood.
- Natural gas price data is currently unavailable.
- Utility expenses are equal in both Lancaster and Sherwood averaging $0.0.