Cost of Living: Paris, TX vs Richmond, CA
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Paris | Richmond |
|---|---|---|
| Housing Index | 85.0 | 120.0 |
| Median Home Price | $177,000 | $650,000 |
| Average Rent (2 BR Apartment) | $1000 | $2800 |
| Average Rent (2 BR House) | $960 | $2700 |
Housing Comparison: Paris vs Richmond
- The median home price in Richmond is higher at $650,000, compared to $177,000 in Paris.
- In Richmond, the rental for a two-bedroom apartment stands at $2,800, while it is $1,000 in Paris.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Paris | Richmond |
|---|---|---|
| Electricity Price | $14.47 | $32.99 |
| Natural Gas Price | $26.29 | $16.99 |
| Other Utilities | $200 | $250 |
Utilities Comparison: Paris vs Richmond
- Richmond has higher electricity costs at $32.99 per kWh, versus $14.47 in Paris.
- Natural gas is more expensive in Paris at $26.29 per unit, while it is cheaper at $16.99 in Richmond.
- Richmond has higher utility expenses, averaging $250, while Paris averages $200.