Cost of Living: New iberia, LA vs Richards, TX
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | New iberia | Richards |
|---|---|---|
| Housing Index | 90.0 | 78.5 |
| Median Home Price | $155,000 | $145,000 |
| Average Rent (2 BR Apartment) | $1200 | $1200 |
| Average Rent (2 BR House) | $1280 | $1300 |
Housing Comparison: New iberia vs Richards
- In New iberia, the median home price is higher at $155,000, while in Richards it is $145,000.
- The rent for a two-bedroom apartment is equal in both New iberia and Richards at $1,200.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | New iberia | Richards |
|---|---|---|
| Electricity Price | $11.42 | $14.47 |
| Natural Gas Price | $19.48 | $26.29 |
| Other Utilities | $250 | $200 |
Utilities Comparison: New iberia vs Richards
- Richards has higher electricity costs at $14.47 per kWh, versus $11.42 in New iberia.
- Richards experiences higher natural gas costs at $26.29 per unit, with costs at $19.48 in New iberia.
- Other utility costs are higher in New iberia at an average of $250, compared to Richards with $200.