Cost of Living: Richardson, TX vs Elk horn, IA

Housing

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

Metric Richardson Elk horn
Housing Index 110.0 Data is updating
Median Home Price $381,000 $82,400
Average Rent (2 BR Apartment) $1895 $Data is updating
Average Rent (2 BR House) $1943 $Data is updating

Housing Comparison: Richardson vs Elk horn

  • In Richardson, the median home price is higher at $381,000, while in Elk horn it is $82,400.
  • The rent for a two-bedroom apartment is equal in both Richardson and Elk horn at $1,895.

Utilities

The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.

Metric Richardson Elk horn
Electricity Price $14.47 $14.82
Natural Gas Price $26.29 $15.61
Other Utilities $250 $Data is updating

Utilities Comparison: Richardson vs Elk horn

  • Elk horn has higher electricity costs at $14.82 per kWh, versus $14.47 in Richardson.
  • Natural gas is more expensive in Richardson at $26.29 per unit, while it is cheaper at $15.61 in Elk horn.
  • Utility expenses are equal in both Richardson and Elk horn averaging $250.