Cost of Living: Harrodsburg, KY vs Richmond, MO

Housing

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

Metric Harrodsburg Richmond
Housing Index 95.0 90.0
Median Home Price $150,000 $150,000
Average Rent (2 BR Apartment) $1200 $720
Average Rent (2 BR House) $1225 $800

Housing Comparison: Harrodsburg vs Richmond

  • The median home price is the same in both Harrodsburg and Richmond at $150,000.
  • In Richmond, the rental for a two-bedroom apartment stands at $720, while it is $1,200 in Harrodsburg.

Utilities

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

Metric Harrodsburg Richmond
Electricity Price $12.87 $14.64
Natural Gas Price $22.78 $23.25
Other Utilities $250 $200

Utilities Comparison: Harrodsburg vs Richmond

  • Richmond has higher electricity costs at $14.64 per kWh, versus $12.87 in Harrodsburg.
  • Richmond experiences higher natural gas costs at $23.25 per unit, with costs at $22.78 in Harrodsburg.
  • Other utility costs are higher in Harrodsburg at an average of $250, compared to Richmond with $200.