Cost of Living: Harrison, AR vs Richardson, TX
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Harrison | Richardson |
|---|---|---|
| Housing Index | 90.5 | 110.0 |
| Median Home Price | $186,000 | $381,000 |
| Average Rent (2 BR Apartment) | $800 | $1895 |
| Average Rent (2 BR House) | $840 | $1943 |
Housing Comparison: Harrison vs Richardson
- The median home price in Richardson is higher at $381,000, compared to $186,000 in Harrison.
- Renting a two-bedroom apartment costs more in Harrison at $800 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 | Harrison | Richardson |
|---|---|---|
| Electricity Price | $12.36 | $14.47 |
| Natural Gas Price | $17.08 | $26.29 |
| Other Utilities | $200 | $250 |
Utilities Comparison: Harrison vs Richardson
- Richardson has higher electricity costs at $14.47 per kWh, versus $12.36 in Harrison.
- Richardson experiences higher natural gas costs at $26.29 per unit, with costs at $17.08 in Harrison.
- Richardson has higher utility expenses, averaging $250, while Harrison averages $200.