Cost of Living: Chico, CA vs Richardson, TX
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Chico | Richardson |
|---|---|---|
| Housing Index | 110.0 | 110.0 |
| Median Home Price | $436,000 | $381,000 |
| Average Rent (2 BR Apartment) | $1800 | $1895 |
| Average Rent (2 BR House) | $1840 | $1943 |
Housing Comparison: Chico vs Richardson
- In Chico, the median home price is higher at $436,000, while in Richardson it is $381,000.
- In Richardson, the rental for a two-bedroom apartment stands at $1,895, while it is $1,800 in Chico.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Chico | Richardson |
|---|---|---|
| Electricity Price | $32.99 | $14.47 |
| Natural Gas Price | $16.99 | $26.29 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Chico vs Richardson
- Electricity costs are higher in Chico at $32.99 per kWh, compared to $14.47 in Richardson.
- Richardson experiences higher natural gas costs at $26.29 per unit, with costs at $16.99 in Chico.
- Utility expenses are equal in both Chico and Richardson averaging $250.