Cost of Living: Richards, TX vs Clifton, NJ

Housing

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

Metric Richards Clifton
Housing Index 78.5 120.0
Median Home Price $145,000 $504,000
Average Rent (2 BR Apartment) $1200 $2300
Average Rent (2 BR House) $1300 $2400

Housing Comparison: Richards vs Clifton

  • The median home price in Clifton is higher at $504,000, compared to $145,000 in Richards.
  • In Clifton, the rental for a two-bedroom apartment stands at $2,300, 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 Clifton
Electricity Price $14.47 $19.88
Natural Gas Price $26.29 $14.01
Other Utilities $200 $250

Utilities Comparison: Richards vs Clifton

  • Clifton has higher electricity costs at $19.88 per kWh, versus $14.47 in Richards.
  • Natural gas is more expensive in Richards at $26.29 per unit, while it is cheaper at $14.01 in Clifton.
  • Clifton has higher utility expenses, averaging $250, while Richards averages $200.