Cost of Living: Richmond, MO vs Shelton, WA

Housing

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

Metric Richmond Shelton
Housing Index 90.0 110.0
Median Home Price $150,000 $426,000
Average Rent (2 BR Apartment) $720 $1800
Average Rent (2 BR House) $800 $1850

Housing Comparison: Richmond vs Shelton

  • The median home price in Shelton is higher at $426,000, compared to $150,000 in Richmond.
  • Renting a two-bedroom apartment costs more in Richmond at $720 than in Shelton at $1,800.

Utilities

The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.

Metric Richmond Shelton
Electricity Price $14.64 $12.34
Natural Gas Price $23.25 $18.14
Other Utilities $200 $250

Utilities Comparison: Richmond vs Shelton

  • Electricity costs are higher in Richmond at $14.64 per kWh, compared to $12.34 in Shelton.
  • Natural gas is more expensive in Richmond at $23.25 per unit, while it is cheaper at $18.14 in Shelton.
  • Shelton has higher utility expenses, averaging $250, while Richmond averages $200.