Cost of Living: Richmond, CA vs Shelbyville, TN
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Richmond | Shelbyville |
|---|---|---|
| Housing Index | 120.0 | 85.0 |
| Median Home Price | $650,000 | $228,000 |
| Average Rent (2 BR Apartment) | $2800 | $1200 |
| Average Rent (2 BR House) | $2700 | $1360 |
Housing Comparison: Richmond vs Shelbyville
- In Richmond, the median home price is higher at $650,000, while in Shelbyville it is $228,000.
- Renting a two-bedroom apartment costs more in Richmond at $2,800 than in Shelbyville 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 | Shelbyville |
|---|---|---|
| Electricity Price | $32.99 | $12.57 |
| Natural Gas Price | $16.99 | $12.35 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Richmond vs Shelbyville
- Electricity costs are higher in Richmond at $32.99 per kWh, compared to $12.57 in Shelbyville.
- Natural gas is more expensive in Richmond at $16.99 per unit, while it is cheaper at $12.35 in Shelbyville.
- Utility expenses are equal in both Richmond and Shelbyville averaging $250.