Cost of Living: Richland, MS vs Sterling, CT
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Richland | Sterling |
|---|---|---|
| Housing Index | 95.0 | Data is updating |
| Median Home Price | $176,000 | $300,000 |
| Average Rent (2 BR Apartment) | $1200 | $Data is updating |
| Average Rent (2 BR House) | $1360 | $Data is updating |
Housing Comparison: Richland vs Sterling
- The median home price in Sterling is higher at $300,000, compared to $176,000 in Richland.
- The rent for a two-bedroom apartment is equal in both Richland and Sterling 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 | Richland | Sterling |
|---|---|---|
| Electricity Price | $13.42 | $26 |
| Natural Gas Price | $22.19 | $Data is updating |
| Other Utilities | $250 | $Data is updating |
Utilities Comparison: Richland vs Sterling
- Sterling has higher electricity costs at $26 per kWh, versus $13.42 in Richland.
- Natural gas price data is currently unavailable.
- Utility expenses are equal in both Richland and Sterling averaging $250.