Cost of Living: Richmond, VA vs Baldwin, GA

Housing

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

Metric Richmond Baldwin
Housing Index 120.0 90.0
Median Home Price $309,500 $178,000
Average Rent (2 BR Apartment) $1800 $1400
Average Rent (2 BR House) $1850 $1440

Housing Comparison: Richmond vs Baldwin

  • In Richmond, the median home price is higher at $309,500, while in Baldwin it is $178,000.
  • Renting a two-bedroom apartment costs more in Richmond at $1,800 than in Baldwin at $1,400.

Utilities

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

Metric Richmond Baldwin
Electricity Price $15.31 $15.53
Natural Gas Price $19.91 $27.53
Other Utilities $250 $200

Utilities Comparison: Richmond vs Baldwin

  • Baldwin has higher electricity costs at $15.53 per kWh, versus $15.31 in Richmond.
  • Baldwin experiences higher natural gas costs at $27.53 per unit, with costs at $19.91 in Richmond.
  • Other utility costs are higher in Richmond at an average of $250, compared to Baldwin with $200.