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.