Cost of Living: Richmond, CA vs Ovid, CO
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Richmond | Ovid |
|---|---|---|
| Housing Index | 120.0 | Data is updating |
| Median Home Price | $650,000 | $300,000 |
| Average Rent (2 BR Apartment) | $2800 | $Data is updating |
| Average Rent (2 BR House) | $2700 | $Data is updating |
Housing Comparison: Richmond vs Ovid
- In Richmond, the median home price is higher at $650,000, while in Ovid it is $300,000.
- The rent for a two-bedroom apartment is equal in both Richmond and Ovid at $2,800.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Richmond | Ovid |
|---|---|---|
| Electricity Price | $32.99 | $15.21 |
| Natural Gas Price | $16.99 | $11.3 |
| Other Utilities | $250 | $Data is updating |
Utilities Comparison: Richmond vs Ovid
- Electricity costs are higher in Richmond at $32.99 per kWh, compared to $15.21 in Ovid.
- Natural gas is more expensive in Richmond at $16.99 per unit, while it is cheaper at $11.3 in Ovid.
- Utility expenses are equal in both Richmond and Ovid averaging $250.