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.