Cost of Living: Richmond, MO vs Franklin, GA
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Richmond | Franklin |
|---|---|---|
| Housing Index | 90.0 | Data is updating |
| Median Home Price | $150,000 | $228,500 |
| Average Rent (2 BR Apartment) | $720 | $Data is updating |
| Average Rent (2 BR House) | $800 | $Data is updating |
Housing Comparison: Richmond vs Franklin
- The median home price in Franklin is higher at $228,500, compared to $150,000 in Richmond.
- The rent for a two-bedroom apartment is equal in both Richmond and Franklin at $720.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Richmond | Franklin |
|---|---|---|
| Electricity Price | $14.64 | $15.53 |
| Natural Gas Price | $23.25 | $27.53 |
| Other Utilities | $200 | $Data is updating |
Utilities Comparison: Richmond vs Franklin
- Franklin has higher electricity costs at $15.53 per kWh, versus $14.64 in Richmond.
- Franklin experiences higher natural gas costs at $27.53 per unit, with costs at $23.25 in Richmond.
- Utility expenses are equal in both Richmond and Franklin averaging $200.