Cost of Living: Sherwood, AR vs Benton city, WA

Housing

The housing market plays a significant role in determining the cost of living.

Metric Sherwood Benton city
Housing Index 85.0 110.0
Median Home Price $247,000 $375,000
Average Rent (2 BR Apartment) $1000 $1500
Average Rent (2 BR House) $1028 $1560

Housing Comparison: Sherwood vs Benton city

  • The median home price in Benton city is higher at $375,000, compared to $247,000 in Sherwood.
  • In Benton city, the rental for a two-bedroom apartment stands at $1,500, while it is $1,000 in Sherwood.

Utilities

The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.

Metric Sherwood Benton city
Electricity Price $12.36 $12.34
Natural Gas Price $17.08 $18.14
Other Utilities $260 $200

Utilities Comparison: Sherwood vs Benton city

  • Electricity costs are higher in Sherwood at $12.36 per kWh, compared to $12.34 in Benton city.
  • Benton city experiences higher natural gas costs at $18.14 per unit, with costs at $17.08 in Sherwood.
  • Other utility costs are higher in Sherwood at an average of $260, compared to Benton city with $200.