Cost of Living: Mountain home, ID vs Richardson, TX
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Mountain home | Richardson |
|---|---|---|
| Housing Index | 90.0 | 110.0 |
| Median Home Price | $241,000 | $381,000 |
| Average Rent (2 BR Apartment) | $1200 | $1895 |
| Average Rent (2 BR House) | $1280 | $1943 |
Housing Comparison: Mountain home vs Richardson
- The median home price in Richardson is higher at $381,000, compared to $241,000 in Mountain home.
- In Richardson, the rental for a two-bedroom apartment stands at $1,895, while it is $1,200 in Mountain home.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Mountain home | Richardson |
|---|---|---|
| Electricity Price | $12.28 | $14.47 |
| Natural Gas Price | $9.87 | $26.29 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Mountain home vs Richardson
- Richardson has higher electricity costs at $14.47 per kWh, versus $12.28 in Mountain home.
- Natural gas is more expensive in Mountain home at $9.87 per unit, while it is cheaper at $26.29 in Richardson.
- Utility expenses are equal in both Mountain home and Richardson averaging $250.