Cost of Living: Richmond, MO vs Tifton, GA
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Richmond | Tifton |
|---|---|---|
| Housing Index | 90.0 | 85.0 |
| Median Home Price | $150,000 | $205,000 |
| Average Rent (2 BR Apartment) | $720 | $1200 |
| Average Rent (2 BR House) | $800 | $1360 |
Housing Comparison: Richmond vs Tifton
- The median home price in Tifton is higher at $205,000, compared to $150,000 in Richmond.
- Renting a two-bedroom apartment costs more in Richmond at $720 than in Tifton 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 | Tifton |
|---|---|---|
| Electricity Price | $14.64 | $15.53 |
| Natural Gas Price | $23.25 | $27.53 |
| Other Utilities | $200 | $250 |
Utilities Comparison: Richmond vs Tifton
- Tifton has higher electricity costs at $15.53 per kWh, versus $14.64 in Richmond.
- Tifton experiences higher natural gas costs at $27.53 per unit, with costs at $23.25 in Richmond.
- Tifton has higher utility expenses, averaging $250, while Richmond averages $200.