Cost of Living: Merced, CA vs Richlands, NC
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Merced | Richlands |
|---|---|---|
| Housing Index | 115.0 | Data is updating |
| Median Home Price | $358,000 | $182,000 |
| Average Rent (2 BR Apartment) | $1800 | $Data is updating |
| Average Rent (2 BR House) | $1825 | $Data is updating |
Housing Comparison: Merced vs Richlands
- In Merced, the median home price is higher at $358,000, while in Richlands it is $182,000.
- The rent for a two-bedroom apartment is equal in both Merced and Richlands at $1,800.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Merced | Richlands |
|---|---|---|
| Electricity Price | $32.99 | $13.72 |
| Natural Gas Price | $16.99 | $Data is updating |
| Other Utilities | $250 | $Data is updating |
Utilities Comparison: Merced vs Richlands
- Electricity costs are higher in Merced at $32.99 per kWh, compared to $13.72 in Richlands.
- Natural gas price data is currently unavailable.
- Utility expenses are equal in both Merced and Richlands averaging $250.