Cost of Living: Richards, TX vs Lexington, NC
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Richards | Lexington |
|---|---|---|
| Housing Index | 78.5 | 85.0 |
| Median Home Price | $145,000 | $166,000 |
| Average Rent (2 BR Apartment) | $1200 | $1200 |
| Average Rent (2 BR House) | $1300 | $1300 |
Housing Comparison: Richards vs Lexington
- The median home price in Lexington is higher at $166,000, compared to $145,000 in Richards.
- The rent for a two-bedroom apartment is equal in both Richards and Lexington at $1,200.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Richards | Lexington |
|---|---|---|
| Electricity Price | $14.47 | $13.72 |
| Natural Gas Price | $26.29 | $Data is updating |
| Other Utilities | $200 | $250 |
Utilities Comparison: Richards vs Lexington
- Electricity costs are higher in Richards at $14.47 per kWh, compared to $13.72 in Lexington.
- Natural gas price data is currently unavailable.
- Lexington has higher utility expenses, averaging $250, while Richards averages $200.