Cost of Living: Marshall, MI vs Richmond, VA
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Marshall | Richmond |
|---|---|---|
| Housing Index | Data is updating | 120.0 |
| Median Home Price | $197,000 | $309,500 |
| Average Rent (2 BR Apartment) | $Data is updating | $1800 |
| Average Rent (2 BR House) | $Data is updating | $1850 |
Housing Comparison: Marshall vs Richmond
- The median home price in Richmond is higher at $309,500, compared to $197,000 in Marshall.
- The rent for a two-bedroom apartment is equal in both Marshall and Richmond at $0.0.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Marshall | Richmond |
|---|---|---|
| Electricity Price | $19.88 | $15.31 |
| Natural Gas Price | $15.42 | $19.91 |
| Other Utilities | $Data is updating | $250 |
Utilities Comparison: Marshall vs Richmond
- Electricity costs are higher in Marshall at $19.88 per kWh, compared to $15.31 in Richmond.
- Richmond experiences higher natural gas costs at $19.91 per unit, with costs at $15.42 in Marshall.
- Utility expenses are equal in both Marshall and Richmond averaging $0.0.