Cost of Living: Radford, VA vs Bossier city, LA

Housing

The housing market plays a significant role in determining the cost of living.

Metric Radford Bossier city
Housing Index 90.0 95.0
Median Home Price $205,000 $220,000
Average Rent (2 BR Apartment) $1200 $1200
Average Rent (2 BR House) $1360 $1350

Housing Comparison: Radford vs Bossier city

  • The median home price in Bossier city is higher at $220,000, compared to $205,000 in Radford.
  • The rent for a two-bedroom apartment is equal in both Radford and Bossier city 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 Radford Bossier city
Electricity Price $15.31 $11.42
Natural Gas Price $19.91 $19.48
Other Utilities $250 $250

Utilities Comparison: Radford vs Bossier city

  • Electricity costs are higher in Radford at $15.31 per kWh, compared to $11.42 in Bossier city.
  • Natural gas is more expensive in Radford at $19.91 per unit, while it is cheaper at $19.48 in Bossier city.
  • Utility expenses are equal in both Radford and Bossier city averaging $250.