Cost of Living: Rayne, LA vs Riverbank, CA
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Rayne | Riverbank |
|---|---|---|
| Housing Index | 85.0 | 120.5 |
| Median Home Price | $134,000 | $460,000 |
| Average Rent (2 BR Apartment) | $1200 | $2200 |
| Average Rent (2 BR House) | $1300 | $2240 |
Housing Comparison: Rayne vs Riverbank
- The median home price in Riverbank is higher at $460,000, compared to $134,000 in Rayne.
- In Riverbank, the rental for a two-bedroom apartment stands at $2,200, while it is $1,200 in Rayne.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Rayne | Riverbank |
|---|---|---|
| Electricity Price | $11.42 | $32.99 |
| Natural Gas Price | $19.48 | $16.99 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Rayne vs Riverbank
- Riverbank has higher electricity costs at $32.99 per kWh, versus $11.42 in Rayne.
- Natural gas is more expensive in Rayne at $19.48 per unit, while it is cheaper at $16.99 in Riverbank.
- Utility expenses are equal in both Rayne and Riverbank averaging $250.