Cost of Living: Cedar park, TX vs Richland, MS
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Cedar park | Richland |
|---|---|---|
| Housing Index | 115.0 | 95.0 |
| Median Home Price | $461,000 | $176,000 |
| Average Rent (2 BR Apartment) | $2000 | $1200 |
| Average Rent (2 BR House) | $2045 | $1360 |
Housing Comparison: Cedar park vs Richland
- In Cedar park, the median home price is higher at $461,000, while in Richland it is $176,000.
- Renting a two-bedroom apartment costs more in Cedar park at $2,000 than in Richland 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 | Cedar park | Richland |
|---|---|---|
| Electricity Price | $14.47 | $13.42 |
| Natural Gas Price | $26.29 | $22.19 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Cedar park vs Richland
- Electricity costs are higher in Cedar park at $14.47 per kWh, compared to $13.42 in Richland.
- Natural gas is more expensive in Cedar park at $26.29 per unit, while it is cheaper at $22.19 in Richland.
- Utility expenses are equal in both Cedar park and Richland averaging $250.