Cost of Living: Richmond hill, GA vs Franklin, TX

Housing

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

Metric Richmond hill Franklin
Housing Index 110.5 90.0
Median Home Price $295,000 $212,000
Average Rent (2 BR Apartment) $1500 $1200
Average Rent (2 BR House) $1600 $1200

Housing Comparison: Richmond hill vs Franklin

  • In Richmond hill, the median home price is higher at $295,000, while in Franklin it is $212,000.
  • Renting a two-bedroom apartment costs more in Richmond hill at $1,500 than in Franklin 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 Franklin
Electricity Price $15.53 $14.47
Natural Gas Price $27.53 $26.29
Other Utilities $250 $200

Utilities Comparison: Richmond hill vs Franklin

  • Electricity costs are higher in Richmond hill at $15.53 per kWh, compared to $14.47 in Franklin.
  • Natural gas is more expensive in Richmond hill at $27.53 per unit, while it is cheaper at $26.29 in Franklin.
  • Other utility costs are higher in Richmond hill at an average of $250, compared to Franklin with $200.