Cost of Living: Richmond, MO vs South milwaukee, WI

Housing

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

Metric Richmond South milwaukee
Housing Index 90.0 95.0
Median Home Price $150,000 $217,000
Average Rent (2 BR Apartment) $720 $1200
Average Rent (2 BR House) $800 $1232

Housing Comparison: Richmond vs South milwaukee

  • The median home price in South milwaukee is higher at $217,000, compared to $150,000 in Richmond.
  • Renting a two-bedroom apartment costs more in Richmond at $720 than in South milwaukee 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 South milwaukee
Electricity Price $14.64 $17.6
Natural Gas Price $23.25 $11.5
Other Utilities $200 $250

Utilities Comparison: Richmond vs South milwaukee

  • South milwaukee has higher electricity costs at $17.6 per kWh, versus $14.64 in Richmond.
  • Natural gas is more expensive in Richmond at $23.25 per unit, while it is cheaper at $11.5 in South milwaukee.
  • South milwaukee has higher utility expenses, averaging $250, while Richmond averages $200.