Cost of Living: Richmond, CA vs Lincolnton, NC
Housing
The housing market plays a significant role in determining the cost of living.
Metric | Richmond | Lincolnton |
---|---|---|
Housing Index | 120.0 | 90.0 |
Median Home Price | $650,000 | $215,000 |
Average Rent (2 BR Apartment) | $2800 | $1200 |
Average Rent (2 BR House) | $2700 | $1300 |
Housing Comparison: Richmond vs Lincolnton
- In Richmond, the median home price is higher at $650,000, while in Lincolnton it is $215,000.
- Renting a two-bedroom apartment costs more in Richmond at $2,800 than in Lincolnton 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 | Lincolnton |
---|---|---|
Electricity Price | $32.99 | $13.72 |
Natural Gas Price | $16.99 | $Data is updating |
Other Utilities | $250 | $250 |
Utilities Comparison: Richmond vs Lincolnton
- Electricity costs are higher in Richmond at $32.99 per kWh, compared to $13.72 in Lincolnton.
- Natural gas price data is currently unavailable.
- Utility expenses are equal in both Richmond and Lincolnton averaging $250.