Cost of Living: Greenwood, SC vs Richmond, CA

Housing

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

Metric Greenwood Richmond
Housing Index 85.0 120.0
Median Home Price $236,200 $650,000
Average Rent (2 BR Apartment) $1200 $2800
Average Rent (2 BR House) $1150 $2700

Housing Comparison: Greenwood vs Richmond

  • The median home price in Richmond is higher at $650,000, compared to $236,200 in Greenwood.
  • In Richmond, the rental for a two-bedroom apartment stands at $2,800, while it is $1,200 in Greenwood.

Utilities

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

Metric Greenwood Richmond
Electricity Price $14.18 $32.99
Natural Gas Price $23.51 $16.99
Other Utilities $200 $250

Utilities Comparison: Greenwood vs Richmond

  • Richmond has higher electricity costs at $32.99 per kWh, versus $14.18 in Greenwood.
  • Natural gas is more expensive in Greenwood at $23.51 per unit, while it is cheaper at $16.99 in Richmond.
  • Richmond has higher utility expenses, averaging $250, while Greenwood averages $200.