Cost of Living: Richmond, MO vs Gainesville, GA

Housing

The housing market plays a significant role in determining the cost of living.

Metric Richmond Gainesville
Housing Index 90.0 85.7
Median Home Price $150,000 $314,000
Average Rent (2 BR Apartment) $720 $1200
Average Rent (2 BR House) $800 $1300

Housing Comparison: Richmond vs Gainesville

  • The median home price in Gainesville is higher at $314,000, compared to $150,000 in Richmond.
  • Renting a two-bedroom apartment costs more in Richmond at $720 than in Gainesville 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 Gainesville
Electricity Price $14.64 $15.53
Natural Gas Price $23.25 $27.53
Other Utilities $200 $250

Utilities Comparison: Richmond vs Gainesville

  • Gainesville has higher electricity costs at $15.53 per kWh, versus $14.64 in Richmond.
  • Gainesville experiences higher natural gas costs at $27.53 per unit, with costs at $23.25 in Richmond.
  • Gainesville has higher utility expenses, averaging $250, while Richmond averages $200.