Cost of Living: Coventry, RI vs Richmond, MO
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Coventry | Richmond |
|---|---|---|
| Housing Index | 110.0 | 90.0 |
| Median Home Price | $337,500 | $150,000 |
| Average Rent (2 BR Apartment) | $1800 | $720 |
| Average Rent (2 BR House) | $1920 | $800 |
Housing Comparison: Coventry vs Richmond
- In Coventry, the median home price is higher at $337,500, while in Richmond it is $150,000.
- In Richmond, the rental for a two-bedroom apartment stands at $720, while it is $1,800 in Coventry.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Coventry | Richmond |
|---|---|---|
| Electricity Price | $27.03 | $14.64 |
| Natural Gas Price | $21.52 | $23.25 |
| Other Utilities | $250 | $200 |
Utilities Comparison: Coventry vs Richmond
- Electricity costs are higher in Coventry at $27.03 per kWh, compared to $14.64 in Richmond.
- Richmond experiences higher natural gas costs at $23.25 per unit, with costs at $21.52 in Coventry.
- Other utility costs are higher in Coventry at an average of $250, compared to Richmond with $200.