Cost of Living: Richardson, TX vs Grove, OK
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Richardson | Grove |
|---|---|---|
| Housing Index | 110.0 | 85.0 |
| Median Home Price | $381,000 | $208,000 |
| Average Rent (2 BR Apartment) | $1895 | $1200 |
| Average Rent (2 BR House) | $1943 | $1280 |
Housing Comparison: Richardson vs Grove
- In Richardson, the median home price is higher at $381,000, while in Grove it is $208,000.
- Renting a two-bedroom apartment costs more in Richardson at $1,895 than in Grove 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 | Richardson | Grove |
|---|---|---|
| Electricity Price | $14.47 | $12.37 |
| Natural Gas Price | $26.29 | $20.27 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Richardson vs Grove
- Electricity costs are higher in Richardson at $14.47 per kWh, compared to $12.37 in Grove.
- Natural gas is more expensive in Richardson at $26.29 per unit, while it is cheaper at $20.27 in Grove.
- Utility expenses are equal in both Richardson and Grove averaging $250.