Cost of Living: Richland, MS vs Westminster, CO

Housing

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

Metric Richland Westminster
Housing Index 95.0 Data is updating
Median Home Price $176,000 $485,000
Average Rent (2 BR Apartment) $1200 $Data is updating
Average Rent (2 BR House) $1360 $Data is updating

Housing Comparison: Richland vs Westminster

  • The median home price in Westminster is higher at $485,000, compared to $176,000 in Richland.
  • The rent for a two-bedroom apartment is equal in both Richland and Westminster 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 Westminster
Electricity Price $13.42 $15.21
Natural Gas Price $22.19 $11.3
Other Utilities $250 $Data is updating

Utilities Comparison: Richland vs Westminster

  • Westminster has higher electricity costs at $15.21 per kWh, versus $13.42 in Richland.
  • Natural gas is more expensive in Richland at $22.19 per unit, while it is cheaper at $11.3 in Westminster.
  • Utility expenses are equal in both Richland and Westminster averaging $250.