Cost of Living: Burbank, CA vs Richmond, VA
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Burbank | Richmond |
|---|---|---|
| Housing Index | 140.0 | 120.0 |
| Median Home Price | $947,000 | $309,500 |
| Average Rent (2 BR Apartment) | $2700 | $1800 |
| Average Rent (2 BR House) | $2750 | $1850 |
Housing Comparison: Burbank vs Richmond
- In Burbank, the median home price is higher at $947,000, while in Richmond it is $309,500.
- Renting a two-bedroom apartment costs more in Burbank at $2,700 than in Richmond at $1,800.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Burbank | Richmond |
|---|---|---|
| Electricity Price | $32.99 | $15.31 |
| Natural Gas Price | $16.99 | $19.91 |
| Other Utilities | $350 | $250 |
Utilities Comparison: Burbank vs Richmond
- Electricity costs are higher in Burbank at $32.99 per kWh, compared to $15.31 in Richmond.
- Richmond experiences higher natural gas costs at $19.91 per unit, with costs at $16.99 in Burbank.
- Other utility costs are higher in Burbank at an average of $350, compared to Richmond with $250.