Cost of Living: Richards, TX vs Simi valley, CA

Housing

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

Metric Richards Simi valley
Housing Index 78.5 135.0
Median Home Price $145,000 $650,000
Average Rent (2 BR Apartment) $1200 $2800
Average Rent (2 BR House) $1300 $2850

Housing Comparison: Richards vs Simi valley

  • The median home price in Simi valley is higher at $650,000, compared to $145,000 in Richards.
  • In Simi valley, the rental for a two-bedroom apartment stands at $2,800, 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 Simi valley
Electricity Price $14.47 $32.99
Natural Gas Price $26.29 $16.99
Other Utilities $200 $250

Utilities Comparison: Richards vs Simi valley

  • Simi valley has higher electricity costs at $32.99 per kWh, versus $14.47 in Richards.
  • Natural gas is more expensive in Richards at $26.29 per unit, while it is cheaper at $16.99 in Simi valley.
  • Simi valley has higher utility expenses, averaging $250, while Richards averages $200.