Cost of Living: Saratoga springs, NY vs Sherwood, MI
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Saratoga springs | Sherwood |
|---|---|---|
| Housing Index | 120.0 | Data is updating |
| Median Home Price | $430,000 | $193,000 |
| Average Rent (2 BR Apartment) | $2300 | $Data is updating |
| Average Rent (2 BR House) | $2400 | $Data is updating |
Housing Comparison: Saratoga springs vs Sherwood
- In Saratoga springs, the median home price is higher at $430,000, while in Sherwood it is $193,000.
- The rent for a two-bedroom apartment is equal in both Saratoga springs and Sherwood at $2,300.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Saratoga springs | Sherwood |
|---|---|---|
| Electricity Price | $26.08 | $19.88 |
| Natural Gas Price | $18.13 | $15.42 |
| Other Utilities | $250 | $Data is updating |
Utilities Comparison: Saratoga springs vs Sherwood
- Electricity costs are higher in Saratoga springs at $26.08 per kWh, compared to $19.88 in Sherwood.
- Natural gas is more expensive in Saratoga springs at $18.13 per unit, while it is cheaper at $15.42 in Sherwood.
- Utility expenses are equal in both Saratoga springs and Sherwood averaging $250.