Cost of Living: Sherwood, AR vs Lake park, GA

Housing

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

Metric Sherwood Lake park
Housing Index 85.0 Data is updating
Median Home Price $247,000 $135,000
Average Rent (2 BR Apartment) $1000 $Data is updating
Average Rent (2 BR House) $1028 $Data is updating

Housing Comparison: Sherwood vs Lake park

  • In Sherwood, the median home price is higher at $247,000, while in Lake park it is $135,000.
  • The rent for a two-bedroom apartment is equal in both Sherwood and Lake park 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 Lake park
Electricity Price $12.36 $15.53
Natural Gas Price $17.08 $27.53
Other Utilities $260 $Data is updating

Utilities Comparison: Sherwood vs Lake park

  • Lake park has higher electricity costs at $15.53 per kWh, versus $12.36 in Sherwood.
  • Lake park experiences higher natural gas costs at $27.53 per unit, with costs at $17.08 in Sherwood.
  • Utility expenses are equal in both Sherwood and Lake park averaging $260.