Cost of Living: Palm bay, FL vs Sherwood, OH
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Palm bay | Sherwood |
|---|---|---|
| Housing Index | 90.0 | Data is updating |
| Median Home Price | $346,000 | $203,000 |
| Average Rent (2 BR Apartment) | $1600 | $Data is updating |
| Average Rent (2 BR House) | $1645 | $Data is updating |
Housing Comparison: Palm bay vs Sherwood
- In Palm bay, the median home price is higher at $346,000, while in Sherwood it is $203,000.
- The rent for a two-bedroom apartment is equal in both Palm bay and Sherwood at $1,600.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Palm bay | Sherwood |
|---|---|---|
| Electricity Price | $13.89 | $15.92 |
| Natural Gas Price | $26.13 | $Data is updating |
| Other Utilities | $200 | $Data is updating |
Utilities Comparison: Palm bay vs Sherwood
- Sherwood has higher electricity costs at $15.92 per kWh, versus $13.89 in Palm bay.
- Natural gas price data is currently unavailable.
- Utility expenses are equal in both Palm bay and Sherwood averaging $200.