Cost of Living: Norwalk, CT vs Richland, MS
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Norwalk | Richland |
|---|---|---|
| Housing Index | 125.0 | 95.0 |
| Median Home Price | $486,500 | $176,000 |
| Average Rent (2 BR Apartment) | $2400 | $1200 |
| Average Rent (2 BR House) | $2450 | $1360 |
Housing Comparison: Norwalk vs Richland
- In Norwalk, the median home price is higher at $486,500, while in Richland it is $176,000.
- Renting a two-bedroom apartment costs more in Norwalk at $2,400 than in Richland 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 | Norwalk | Richland |
|---|---|---|
| Electricity Price | $26 | $13.42 |
| Natural Gas Price | $Data is updating | $22.19 |
| Other Utilities | $290 | $250 |
Utilities Comparison: Norwalk vs Richland
- Electricity costs are higher in Norwalk at $26 per kWh, compared to $13.42 in Richland.
- Natural gas price data is currently unavailable.
- Other utility costs are higher in Norwalk at an average of $290, compared to Richland with $250.