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.