Cost of Living: Richards, TX vs Lincoln, RI
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Richards | Lincoln |
|---|---|---|
| Housing Index | 78.5 | Data is updating |
| Median Home Price | $145,000 | $415,000 |
| Average Rent (2 BR Apartment) | $1200 | $Data is updating |
| Average Rent (2 BR House) | $1300 | $Data is updating |
Housing Comparison: Richards vs Lincoln
- The median home price in Lincoln is higher at $415,000, compared to $145,000 in Richards.
- The rent for a two-bedroom apartment is equal in both Richards and Lincoln 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 | Lincoln |
|---|---|---|
| Electricity Price | $14.47 | $27.03 |
| Natural Gas Price | $26.29 | $21.52 |
| Other Utilities | $200 | $Data is updating |
Utilities Comparison: Richards vs Lincoln
- Lincoln has higher electricity costs at $27.03 per kWh, versus $14.47 in Richards.
- Natural gas is more expensive in Richards at $26.29 per unit, while it is cheaper at $21.52 in Lincoln.
- Utility expenses are equal in both Richards and Lincoln averaging $200.