Cost of Living: Ladson, SC vs Richmond, VA
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Ladson | Richmond |
|---|---|---|
| Housing Index | 85.0 | 120.0 |
| Median Home Price | $273,000 | $309,500 |
| Average Rent (2 BR Apartment) | $1200 | $1800 |
| Average Rent (2 BR House) | $1360 | $1850 |
Housing Comparison: Ladson vs Richmond
- The median home price in Richmond is higher at $309,500, compared to $273,000 in Ladson.
- In Richmond, the rental for a two-bedroom apartment stands at $1,800, while it is $1,200 in Ladson.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Ladson | Richmond |
|---|---|---|
| Electricity Price | $14.18 | $15.31 |
| Natural Gas Price | $23.51 | $19.91 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Ladson vs Richmond
- Richmond has higher electricity costs at $15.31 per kWh, versus $14.18 in Ladson.
- Natural gas is more expensive in Ladson at $23.51 per unit, while it is cheaper at $19.91 in Richmond.
- Utility expenses are equal in both Ladson and Richmond averaging $250.