Cost of Living: Sherwood, AR vs Trenton, NJ
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Sherwood | Trenton |
|---|---|---|
| Housing Index | 85.0 | 110.0 |
| Median Home Price | $247,000 | $271,000 |
| Average Rent (2 BR Apartment) | $1000 | $2000 |
| Average Rent (2 BR House) | $1028 | $2240 |
Housing Comparison: Sherwood vs Trenton
- The median home price in Trenton is higher at $271,000, compared to $247,000 in Sherwood.
- In Trenton, the rental for a two-bedroom apartment stands at $2,000, 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 | Trenton |
|---|---|---|
| Electricity Price | $12.36 | $19.88 |
| Natural Gas Price | $17.08 | $14.01 |
| Other Utilities | $260 | $250 |
Utilities Comparison: Sherwood vs Trenton
- Trenton has higher electricity costs at $19.88 per kWh, versus $12.36 in Sherwood.
- Natural gas is more expensive in Sherwood at $17.08 per unit, while it is cheaper at $14.01 in Trenton.
- Other utility costs are higher in Sherwood at an average of $260, compared to Trenton with $250.