Cost of Living: Richland, MS vs Washington, DC
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Richland | Washington |
|---|---|---|
| Housing Index | 95.0 | 140.0 |
| Median Home Price | $176,000 | $679,000 |
| Average Rent (2 BR Apartment) | $1200 | $3000 |
| Average Rent (2 BR House) | $1360 | $3200 |
Housing Comparison: Richland vs Washington
- The median home price in Washington is higher at $679,000, compared to $176,000 in Richland.
- In Washington, the rental for a two-bedroom apartment stands at $3,000, 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 | Washington |
|---|---|---|
| Electricity Price | $13.42 | $17.11 |
| Natural Gas Price | $22.19 | $18.41 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Richland vs Washington
- Washington has higher electricity costs at $17.11 per kWh, versus $13.42 in Richland.
- Natural gas is more expensive in Richland at $22.19 per unit, while it is cheaper at $18.41 in Washington.
- Utility expenses are equal in both Richland and Washington averaging $250.