Cost of Living: Richmond, CA vs Farmington, CT
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Richmond | Farmington |
|---|---|---|
| Housing Index | 120.0 | 120.0 |
| Median Home Price | $650,000 | $350,000 |
| Average Rent (2 BR Apartment) | $2800 | $2200 |
| Average Rent (2 BR House) | $2700 | $2240 |
Housing Comparison: Richmond vs Farmington
- In Richmond, the median home price is higher at $650,000, while in Farmington it is $350,000.
- Renting a two-bedroom apartment costs more in Richmond at $2,800 than in Farmington at $2,200.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Richmond | Farmington |
|---|---|---|
| Electricity Price | $32.99 | $26 |
| Natural Gas Price | $16.99 | $Data is updating |
| Other Utilities | $250 | $250 |
Utilities Comparison: Richmond vs Farmington
- Electricity costs are higher in Richmond at $32.99 per kWh, compared to $26 in Farmington.
- Natural gas price data is currently unavailable.
- Utility expenses are equal in both Richmond and Farmington averaging $250.