Cost of Living: Richards, TX vs Canton, GA

Housing

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

Metric Richards Canton
Housing Index 78.5 90.0
Median Home Price $145,000 $400,000
Average Rent (2 BR Apartment) $1200 $1800
Average Rent (2 BR House) $1300 $1845

Housing Comparison: Richards vs Canton

  • The median home price in Canton is higher at $400,000, compared to $145,000 in Richards.
  • In Canton, the rental for a two-bedroom apartment stands at $1,800, 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 Canton
Electricity Price $14.47 $15.53
Natural Gas Price $26.29 $27.53
Other Utilities $200 $250

Utilities Comparison: Richards vs Canton

  • Canton has higher electricity costs at $15.53 per kWh, versus $14.47 in Richards.
  • Canton experiences higher natural gas costs at $27.53 per unit, with costs at $26.29 in Richards.
  • Canton has higher utility expenses, averaging $250, while Richards averages $200.