Cost of Living: Albuquerque, NM vs Richmond hill, GA
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Albuquerque | Richmond hill |
|---|---|---|
| Housing Index | 90.0 | 110.5 |
| Median Home Price | $272,000 | $295,000 |
| Average Rent (2 BR Apartment) | $1200 | $1500 |
| Average Rent (2 BR House) | $1300 | $1600 |
Housing Comparison: Albuquerque vs Richmond hill
- The median home price in Richmond hill is higher at $295,000, compared to $272,000 in Albuquerque.
- In Richmond hill, the rental for a two-bedroom apartment stands at $1,500, while it is $1,200 in Albuquerque.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Albuquerque | Richmond hill |
|---|---|---|
| Electricity Price | $14.44 | $15.53 |
| Natural Gas Price | $Data is updating | $27.53 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Albuquerque vs Richmond hill
- Richmond hill has higher electricity costs at $15.53 per kWh, versus $14.44 in Albuquerque.
- Natural gas price data is currently unavailable.
- Utility expenses are equal in both Albuquerque and Richmond hill averaging $250.