Cost of Living: Mckinney, TX vs Sherwood, MI
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Mckinney | Sherwood |
|---|---|---|
| Housing Index | 95.0 | Data is updating |
| Median Home Price | $360,000 | $193,000 |
| Average Rent (2 BR Apartment) | $1800 | $Data is updating |
| Average Rent (2 BR House) | $1900 | $Data is updating |
Housing Comparison: Mckinney vs Sherwood
- In Mckinney, the median home price is higher at $360,000, while in Sherwood it is $193,000.
- The rent for a two-bedroom apartment is equal in both Mckinney and Sherwood at $1,800.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Mckinney | Sherwood |
|---|---|---|
| Electricity Price | $14.47 | $19.88 |
| Natural Gas Price | $26.29 | $15.42 |
| Other Utilities | $200 | $Data is updating |
Utilities Comparison: Mckinney vs Sherwood
- Sherwood has higher electricity costs at $19.88 per kWh, versus $14.47 in Mckinney.
- Natural gas is more expensive in Mckinney at $26.29 per unit, while it is cheaper at $15.42 in Sherwood.
- Utility expenses are equal in both Mckinney and Sherwood averaging $200.