Cost of Living: Conroe, TX vs Richmond, VA

Housing

The housing market plays a significant role in determining the cost of living.

Metric Conroe Richmond
Housing Index 90.0 120.0
Median Home Price $337,000 $309,500
Average Rent (2 BR Apartment) $1600 $1800
Average Rent (2 BR House) $1550 $1850

Housing Comparison: Conroe vs Richmond

  • In Conroe, the median home price is higher at $337,000, while in Richmond it is $309,500.
  • In Richmond, the rental for a two-bedroom apartment stands at $1,800, while it is $1,600 in Conroe.

Utilities

The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.

Metric Conroe Richmond
Electricity Price $14.47 $15.31
Natural Gas Price $26.29 $19.91
Other Utilities $250 $250

Utilities Comparison: Conroe vs Richmond

  • Richmond has higher electricity costs at $15.31 per kWh, versus $14.47 in Conroe.
  • Natural gas is more expensive in Conroe at $26.29 per unit, while it is cheaper at $19.91 in Richmond.
  • Utility expenses are equal in both Conroe and Richmond averaging $250.