Cost of Living: Pana, IL vs Richmond, CA
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Pana | Richmond |
|---|---|---|
| Housing Index | 75.0 | 120.0 |
| Median Home Price | $135,000 | $650,000 |
| Average Rent (2 BR Apartment) | $960 | $2800 |
| Average Rent (2 BR House) | $800 | $2700 |
Housing Comparison: Pana vs Richmond
- The median home price in Richmond is higher at $650,000, compared to $135,000 in Pana.
- Renting a two-bedroom apartment costs more in Pana at $960 than in Richmond at $2,800.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Pana | Richmond |
|---|---|---|
| Electricity Price | $16.15 | $32.99 |
| Natural Gas Price | $16.59 | $16.99 |
| Other Utilities | $220 | $250 |
Utilities Comparison: Pana vs Richmond
- Richmond has higher electricity costs at $32.99 per kWh, versus $16.15 in Pana.
- Richmond experiences higher natural gas costs at $16.99 per unit, with costs at $16.59 in Pana.
- Richmond has higher utility expenses, averaging $250, while Pana averages $220.