Cost of Living: Sherwood, AR vs Erskine, MN
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Sherwood | Erskine |
|---|---|---|
| Housing Index | 85.0 | Data is updating |
| Median Home Price | $247,000 | $136,070 |
| Average Rent (2 BR Apartment) | $1000 | $Data is updating |
| Average Rent (2 BR House) | $1028 | $Data is updating |
Housing Comparison: Sherwood vs Erskine
- In Sherwood, the median home price is higher at $247,000, while in Erskine it is $136,070.
- The rent for a two-bedroom apartment is equal in both Sherwood and Erskine 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 | Erskine |
|---|---|---|
| Electricity Price | $12.36 | $16.38 |
| Natural Gas Price | $17.08 | $14.87 |
| Other Utilities | $260 | $Data is updating |
Utilities Comparison: Sherwood vs Erskine
- Erskine has higher electricity costs at $16.38 per kWh, versus $12.36 in Sherwood.
- Natural gas is more expensive in Sherwood at $17.08 per unit, while it is cheaper at $14.87 in Erskine.
- Utility expenses are equal in both Sherwood and Erskine averaging $260.