Cost of Living: Sherwood, AR vs Decatur, NE

Housing

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

Metric Sherwood Decatur
Housing Index 85.0 Data is updating
Median Home Price $247,000 $200,000
Average Rent (2 BR Apartment) $1000 $Data is updating
Average Rent (2 BR House) $1028 $Data is updating

Housing Comparison: Sherwood vs Decatur

  • In Sherwood, the median home price is higher at $247,000, while in Decatur it is $200,000.
  • The rent for a two-bedroom apartment is equal in both Sherwood and Decatur at $1,000.

Utilities

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

Metric Sherwood Decatur
Electricity Price $12.36 $12.92
Natural Gas Price $17.08 $13.89
Other Utilities $260 $Data is updating

Utilities Comparison: Sherwood vs Decatur

  • Decatur has higher electricity costs at $12.92 per kWh, versus $12.36 in Sherwood.
  • Natural gas is more expensive in Sherwood at $17.08 per unit, while it is cheaper at $13.89 in Decatur.
  • Utility expenses are equal in both Sherwood and Decatur averaging $260.