Cost of Living: Vernon, TX vs Sherwood, MI
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Vernon | Sherwood |
|---|---|---|
| Housing Index | 95.4 | Data is updating |
| Median Home Price | $Data is updating | $193,000 |
| Average Rent (2 BR Apartment) | $1200 | $Data is updating |
| Average Rent (2 BR House) | $1365 | $Data is updating |
Housing Comparison: Vernon vs Sherwood
- The median home price in Sherwood is higher at $193,000, compared to $0 in Vernon.
- The rent for a two-bedroom apartment is equal in both Vernon and Sherwood at $1,200.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Vernon | Sherwood |
|---|---|---|
| Electricity Price | $14.47 | $19.88 |
| Natural Gas Price | $26.29 | $15.42 |
| Other Utilities | $210 | $Data is updating |
Utilities Comparison: Vernon vs Sherwood
- Sherwood has higher electricity costs at $19.88 per kWh, versus $14.47 in Vernon.
- Natural gas is more expensive in Vernon at $26.29 per unit, while it is cheaper at $15.42 in Sherwood.
- Utility expenses are equal in both Vernon and Sherwood averaging $210.