Cost of Living: Torrington, CT vs Sherwood, AR
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Torrington | Sherwood |
|---|---|---|
| Housing Index | 115.0 | 85.0 |
| Median Home Price | $287,000 | $247,000 |
| Average Rent (2 BR Apartment) | $1500 | $1000 |
| Average Rent (2 BR House) | $1600 | $1028 |
Housing Comparison: Torrington vs Sherwood
- In Torrington, the median home price is higher at $287,000, while in Sherwood it is $247,000.
- Renting a two-bedroom apartment costs more in Torrington at $1,500 than in Sherwood 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 | Torrington | Sherwood |
|---|---|---|
| Electricity Price | $26 | $12.36 |
| Natural Gas Price | $Data is updating | $17.08 |
| Other Utilities | $250 | $260 |
Utilities Comparison: Torrington vs Sherwood
- Electricity costs are higher in Torrington at $26 per kWh, compared to $12.36 in Sherwood.
- Natural gas price data is currently unavailable.
- Sherwood has higher utility expenses, averaging $260, while Torrington averages $250.