Cost of Living: Richards, TX vs Marshalltown, IA
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Richards | Marshalltown |
|---|---|---|
| Housing Index | 78.5 | 85.0 |
| Median Home Price | $145,000 | $157,000 |
| Average Rent (2 BR Apartment) | $1200 | $1200 |
| Average Rent (2 BR House) | $1300 | $1360 |
Housing Comparison: Richards vs Marshalltown
- The median home price in Marshalltown is higher at $157,000, compared to $145,000 in Richards.
- The rent for a two-bedroom apartment is equal in both Richards and Marshalltown 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 | Marshalltown |
|---|---|---|
| Electricity Price | $14.47 | $14.82 |
| Natural Gas Price | $26.29 | $15.61 |
| Other Utilities | $200 | $250 |
Utilities Comparison: Richards vs Marshalltown
- Marshalltown has higher electricity costs at $14.82 per kWh, versus $14.47 in Richards.
- Natural gas is more expensive in Richards at $26.29 per unit, while it is cheaper at $15.61 in Marshalltown.
- Marshalltown has higher utility expenses, averaging $250, while Richards averages $200.