Cost of Living: Richland, MS vs Stockbridge, GA

Housing

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

Metric Richland Stockbridge
Housing Index 95.0 115.0
Median Home Price $176,000 $317,000
Average Rent (2 BR Apartment) $1200 $1500
Average Rent (2 BR House) $1360 $1600

Housing Comparison: Richland vs Stockbridge

  • The median home price in Stockbridge is higher at $317,000, compared to $176,000 in Richland.
  • In Stockbridge, the rental for a two-bedroom apartment stands at $1,500, while it is $1,200 in Richland.

Utilities

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

Metric Richland Stockbridge
Electricity Price $13.42 $15.53
Natural Gas Price $22.19 $27.53
Other Utilities $250 $250

Utilities Comparison: Richland vs Stockbridge

  • Stockbridge has higher electricity costs at $15.53 per kWh, versus $13.42 in Richland.
  • Stockbridge experiences higher natural gas costs at $27.53 per unit, with costs at $22.19 in Richland.
  • Utility expenses are equal in both Richland and Stockbridge averaging $250.