Cost of Living: Erie, PA vs Richardson, TX
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Erie | Richardson |
|---|---|---|
| Housing Index | 85.0 | 110.0 |
| Median Home Price | $152,500 | $381,000 |
| Average Rent (2 BR Apartment) | $900 | $1895 |
| Average Rent (2 BR House) | $960 | $1943 |
Housing Comparison: Erie vs Richardson
- The median home price in Richardson is higher at $381,000, compared to $152,500 in Erie.
- Renting a two-bedroom apartment costs more in Erie at $900 than in Richardson at $1,895.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Erie | Richardson |
|---|---|---|
| Electricity Price | $17.68 | $14.47 |
| Natural Gas Price | $17.61 | $26.29 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Erie vs Richardson
- Electricity costs are higher in Erie at $17.68 per kWh, compared to $14.47 in Richardson.
- Richardson experiences higher natural gas costs at $26.29 per unit, with costs at $17.61 in Erie.
- Utility expenses are equal in both Erie and Richardson averaging $250.