Cost of Living: Radford, VA vs Wylie, TX
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Radford | Wylie |
|---|---|---|
| Housing Index | 90.0 | 90.2 |
| Median Home Price | $205,000 | $350,000 |
| Average Rent (2 BR Apartment) | $1200 | $1500 |
| Average Rent (2 BR House) | $1360 | $1600 |
Housing Comparison: Radford vs Wylie
- The median home price in Wylie is higher at $350,000, compared to $205,000 in Radford.
- In Wylie, the rental for a two-bedroom apartment stands at $1,500, while it is $1,200 in Radford.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Radford | Wylie |
|---|---|---|
| Electricity Price | $15.31 | $14.47 |
| Natural Gas Price | $19.91 | $26.29 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Radford vs Wylie
- Electricity costs are higher in Radford at $15.31 per kWh, compared to $14.47 in Wylie.
- Wylie experiences higher natural gas costs at $26.29 per unit, with costs at $19.91 in Radford.
- Utility expenses are equal in both Radford and Wylie averaging $250.