Cost of Living: Richardson, TX vs Winchester, TN
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Richardson | Winchester |
|---|---|---|
| Housing Index | 110.0 | Data is updating |
| Median Home Price | $381,000 | $275,000 |
| Average Rent (2 BR Apartment) | $1895 | $Data is updating |
| Average Rent (2 BR House) | $1943 | $Data is updating |
Housing Comparison: Richardson vs Winchester
- In Richardson, the median home price is higher at $381,000, while in Winchester it is $275,000.
- The rent for a two-bedroom apartment is equal in both Richardson and Winchester 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 | Winchester |
|---|---|---|
| Electricity Price | $14.47 | $12.57 |
| Natural Gas Price | $26.29 | $12.35 |
| Other Utilities | $250 | $Data is updating |
Utilities Comparison: Richardson vs Winchester
- Electricity costs are higher in Richardson at $14.47 per kWh, compared to $12.57 in Winchester.
- Natural gas is more expensive in Richardson at $26.29 per unit, while it is cheaper at $12.35 in Winchester.
- Utility expenses are equal in both Richardson and Winchester averaging $250.