Cost of Living: Richmond hill, GA vs Laurel, MT
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Richmond hill | Laurel |
|---|---|---|
| Housing Index | 110.5 | 85.0 |
| Median Home Price | $295,000 | $299,000 |
| Average Rent (2 BR Apartment) | $1500 | $960 |
| Average Rent (2 BR House) | $1600 | $1024 |
Housing Comparison: Richmond hill vs Laurel
- The median home price in Laurel is higher at $299,000, compared to $295,000 in Richmond hill.
- In Laurel, the rental for a two-bedroom apartment stands at $960, while it is $1,500 in Richmond hill.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Richmond hill | Laurel |
|---|---|---|
| Electricity Price | $15.53 | $13.58 |
| Natural Gas Price | $27.53 | $8.31 |
| Other Utilities | $250 | $200 |
Utilities Comparison: Richmond hill vs Laurel
- Electricity costs are higher in Richmond hill at $15.53 per kWh, compared to $13.58 in Laurel.
- Laurel experiences higher natural gas costs at $8.31 per unit, with costs at $27.53 in Richmond hill.
- Other utility costs are higher in Richmond hill at an average of $250, compared to Laurel with $200.