Cost of Living: Richmond hill, GA vs Fairhope, AL
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Richmond hill | Fairhope |
|---|---|---|
| Housing Index | 110.5 | 85.0 |
| Median Home Price | $295,000 | $295,000 |
| Average Rent (2 BR Apartment) | $1500 | $1200 |
| Average Rent (2 BR House) | $1600 | $1280 |
Housing Comparison: Richmond hill vs Fairhope
- The median home price is the same in both Richmond hill and Fairhope at $295,000.
- Renting a two-bedroom apartment costs more in Richmond hill at $1,500 than in Fairhope 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 | Richmond hill | Fairhope |
|---|---|---|
| Electricity Price | $15.53 | $15.03 |
| Natural Gas Price | $27.53 | $21.76 |
| Other Utilities | $250 | $200 |
Utilities Comparison: Richmond hill vs Fairhope
- Electricity costs are higher in Richmond hill at $15.53 per kWh, compared to $15.03 in Fairhope.
- Natural gas is more expensive in Richmond hill at $27.53 per unit, while it is cheaper at $21.76 in Fairhope.
- Other utility costs are higher in Richmond hill at an average of $250, compared to Fairhope with $200.