Cost of Living: Little rock, AR vs Sherwood, MI
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Little rock | Sherwood |
|---|---|---|
| Housing Index | 85.0 | Data is updating |
| Median Home Price | $222,000 | $193,000 |
| Average Rent (2 BR Apartment) | $1200 | $Data is updating |
| Average Rent (2 BR House) | $1080 | $Data is updating |
Housing Comparison: Little rock vs Sherwood
- In Little rock, the median home price is higher at $222,000, while in Sherwood it is $193,000.
- The rent for a two-bedroom apartment is equal in both Little rock 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 | Little rock | Sherwood |
|---|---|---|
| Electricity Price | $12.36 | $19.88 |
| Natural Gas Price | $17.08 | $15.42 |
| Other Utilities | $200 | $Data is updating |
Utilities Comparison: Little rock vs Sherwood
- Sherwood has higher electricity costs at $19.88 per kWh, versus $12.36 in Little rock.
- Natural gas is more expensive in Little rock at $17.08 per unit, while it is cheaper at $15.42 in Sherwood.
- Utility expenses are equal in both Little rock and Sherwood averaging $200.