Cost of Living: Sterling, OK vs Sherwood, AR
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Sterling | Sherwood |
|---|---|---|
| Housing Index | Data is updating | 85.0 |
| Median Home Price | $125,000 | $247,000 |
| Average Rent (2 BR Apartment) | $Data is updating | $1000 |
| Average Rent (2 BR House) | $Data is updating | $1028 |
Housing Comparison: Sterling vs Sherwood
- The median home price in Sherwood is higher at $247,000, compared to $125,000 in Sterling.
- The rent for a two-bedroom apartment is equal in both Sterling and Sherwood 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 | Sterling | Sherwood |
|---|---|---|
| Electricity Price | $12.37 | $12.36 |
| Natural Gas Price | $20.27 | $17.08 |
| Other Utilities | $Data is updating | $260 |
Utilities Comparison: Sterling vs Sherwood
- Electricity costs are higher in Sterling at $12.37 per kWh, compared to $12.36 in Sherwood.
- Natural gas is more expensive in Sterling at $20.27 per unit, while it is cheaper at $17.08 in Sherwood.
- Utility expenses are equal in both Sterling and Sherwood averaging $0.0.