Cost of Living: Sherwood, MI vs Rensselaer, NY
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Sherwood | Rensselaer |
|---|---|---|
| Housing Index | Data is updating | Data is updating |
| Median Home Price | $193,000 | $220,000 |
| Average Rent (2 BR Apartment) | $Data is updating | $Data is updating |
| Average Rent (2 BR House) | $Data is updating | $Data is updating |
Housing Comparison: Sherwood vs Rensselaer
- The median home price in Rensselaer is higher at $220,000, compared to $193,000 in Sherwood.
- The rent for a two-bedroom apartment is equal in both Sherwood and Rensselaer at $0.0.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Sherwood | Rensselaer |
|---|---|---|
| Electricity Price | $19.88 | $26.08 |
| Natural Gas Price | $15.42 | $18.13 |
| Other Utilities | $Data is updating | $Data is updating |
Utilities Comparison: Sherwood vs Rensselaer
- Rensselaer has higher electricity costs at $26.08 per kWh, versus $19.88 in Sherwood.
- Rensselaer experiences higher natural gas costs at $18.13 per unit, with costs at $15.42 in Sherwood.
- Utility expenses are equal in both Sherwood and Rensselaer averaging $0.0.