Cost of Living: Richardson, TX vs Redfield, IA
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Richardson | Redfield |
|---|---|---|
| Housing Index | 110.0 | 85.0 |
| Median Home Price | $381,000 | $185,000 |
| Average Rent (2 BR Apartment) | $1895 | $800 |
| Average Rent (2 BR House) | $1943 | $960 |
Housing Comparison: Richardson vs Redfield
- In Richardson, the median home price is higher at $381,000, while in Redfield it is $185,000.
- In Redfield, the rental for a two-bedroom apartment stands at $800, while it is $1,895 in Richardson.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Richardson | Redfield |
|---|---|---|
| Electricity Price | $14.47 | $14.82 |
| Natural Gas Price | $26.29 | $15.61 |
| Other Utilities | $250 | $200 |
Utilities Comparison: Richardson vs Redfield
- Redfield 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 Redfield.
- Other utility costs are higher in Richardson at an average of $250, compared to Redfield with $200.