Cost of Living: Richmond, MO vs Oak park, IL
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Richmond | Oak park |
|---|---|---|
| Housing Index | 90.0 | 115.0 |
| Median Home Price | $150,000 | $398,000 |
| Average Rent (2 BR Apartment) | $720 | $1900 |
| Average Rent (2 BR House) | $800 | $1935 |
Housing Comparison: Richmond vs Oak park
- The median home price in Oak park is higher at $398,000, compared to $150,000 in Richmond.
- Renting a two-bedroom apartment costs more in Richmond at $720 than in Oak park at $1,900.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Richmond | Oak park |
|---|---|---|
| Electricity Price | $14.64 | $16.15 |
| Natural Gas Price | $23.25 | $16.59 |
| Other Utilities | $200 | $250 |
Utilities Comparison: Richmond vs Oak park
- Oak park has higher electricity costs at $16.15 per kWh, versus $14.64 in Richmond.
- Natural gas is more expensive in Richmond at $23.25 per unit, while it is cheaper at $16.59 in Oak park.
- Oak park has higher utility expenses, averaging $250, while Richmond averages $200.