Cost of Living: Richards, TX vs Caldwell, ID
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Richards | Caldwell |
|---|---|---|
| Housing Index | 78.5 | 99.5 |
| Median Home Price | $145,000 | $360,000 |
| Average Rent (2 BR Apartment) | $1200 | $1500 |
| Average Rent (2 BR House) | $1300 | $1596 |
Housing Comparison: Richards vs Caldwell
- The median home price in Caldwell is higher at $360,000, compared to $145,000 in Richards.
- In Caldwell, the rental for a two-bedroom apartment stands at $1,500, while it is $1,200 in Richards.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Richards | Caldwell |
|---|---|---|
| Electricity Price | $14.47 | $12.28 |
| Natural Gas Price | $26.29 | $9.87 |
| Other Utilities | $200 | $250 |
Utilities Comparison: Richards vs Caldwell
- Electricity costs are higher in Richards at $14.47 per kWh, compared to $12.28 in Caldwell.
- Caldwell experiences higher natural gas costs at $9.87 per unit, with costs at $26.29 in Richards.
- Caldwell has higher utility expenses, averaging $250, while Richards averages $200.